ARMs aren't nearly as popular as they were during the subprime mortgage crisis in mid-2000s, when credit standards were lax and a lot of borrowers ended up in trouble. These days, the credit standards are a lot higher and underwriting is extremely tight, Kan said.

Would love to see some kind of actual quantitative comparison. Should be easy for a journalist to produce.

"We are not looking at the same kind of risks as we did then," he said.

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ARM Mortgages are back! -- What could go wrong this time? 

CornMooNaut

> ARMs aren't nearly as popular as they were during the subprime mortgage crisis in mid-2000s, when credit standards were lax and a lot of borrowers ended up in trouble. These days, the credit standards are a lot higher and underwriting is extremely tight, Kan said.

Would love to see some kind of actual quantitative comparison. Should be easy for a journalist to produce.

> "We are not looking at the same kind of risks as we did then," he said.

Famous last words.