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The Mortgage Meltdown- How Did it Happen? What Does It Mean Going Forward?

I wish I were bright and articulate enough to answer the questions above without any help.  Luckily, I came across this video and slide show during past week.  They provide a simple (video) and humorous (slide show) way of understanding what happened with the mortgage subprime meltdown, why it happened, and what may lay ahead in the future for the rest of us. The video is provided courtesy of Mr. Dan Green of The Mortgage Reports.  Going back to the basics with stick figures and drawings is an easy way of … [Read more...]