Mortgage Crisis

This video is a 45 minute documentary discussing the fallout from the mortgage crisis that has gripped our country.  It walks the listener through how the mortgage crisis has left the world economy vulnerable to a major liquidity crunch and a market crash. 

According to Yale economic scholar Schiller, the mortgage crisis is only in the 1st innning.  When adjustable rate mortgages reset in 2009, the second innning begins.  Schiller believes the housing crisis will continue for many year

This video discusses the mortgage crisis & bailout of Fannie Mae and Freddie Mac and how it should help bring down mortgage rates.

The speaker discusses how the mortgage crisis was a direct result of lenders having lower loan qualification standards.

The speakers in this video discuss how the mortgage crisis has rippled down to affect responsible borrowers who took out loans that they could afford.  Foreclosures and firesales have lowered comparable home sales for those who are actually looking to sell their house on the open market.

The speakers predicts the mortgage crisis and suggested he was short ABK, RDN, BSC, and LEH.

Part 2 - The Credit Bubble Burst

As this new era of easy money and massive leverage emerged, the thought that risk is limited and easily manageable permeated investors’ mindsets. Hedge fund managers, mortgage bankers, and Wall Street leaders were earning unprecedented amounts of money.