Caps were a bridge too far for companies. Sheila Bair More Quotes by Sheila Bair More Quotes From Sheila Bair If an institution has become so large that there Sheila Bair alternatives support kind And let's be honest about it. Hybrid ARMs were never made based on the assumption that the borrowers would be able to make the payment once the loan reset. They were designed as two or three year "bullets" ... with the assumption that home appreciation would allow the borrower to refinance at, or before, reset. Given current conditions in the housing market, this business model is no longer viable, which should come as no shock to anyone. Sheila Bair
