Latest Mortgage Recast chart from Credit Suisse

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Credit Suisse is using recast dates for Option ARMs and reset dates for all other loans.

"Reset" refers to a rate change. "Recast" refers to a payment change.Resets are not a huge problem as long as interest rates stay low, but recasts could be significant. There are some questions about how the Wells Fargo pick-a-pay portfolio fits into this chart, since Wells Fargo doesn't expect significant recasts until 2012