The Mortgage Banking Meltdown

Tutorial on how introductory low interest rates, mortgage brokers, and securitization provided the incentive structure that would result in the current financial crisis.
siftbotsays...

Tags for this video have been changed from 'credit crunch, mortgage, broker, interest, securitization, incentives' to 'credit crunch, mortgage, broker, interest, securitization, incentives, enspire' - edited by doogle

marinarasays...

its beyond me how the authors of this video ignored the basic fact that the size of the bubble is the problem, not that any number of mortgages defaulted.

This video is fail.

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