A VILLAIN OF THE HOUSING CRASH MAKES A COMEBACK

(RECAP: The housing market crash, which started in 2007 and kicked off the Great Recession, blighted both the financial and real estate industries. Among the many participants whose reputations were ruined, few took more damage than the mortgage brokers who sold adjustable-rate mortgages. Known as ARMs, they became a four-letter word within the industry. But nine years after their fall from grace into near oblivion, ARMs are making a slow, but steady, comeback.)