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Subprime Primer

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12 comments

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  • + markharrison04 Mark Harrison 3 weeks ago
    Isn't it amazing that 2 years after this was done, we can see the fallout of the sub prime industry...if only we knew then what we know now...

    http://www.anytypeofloan.co.uk
  • + guest25887b0 guest25887b0 2 months ago
    Bad Credit,Unemployment, and bad debts. Nice Job!

    Budgeting,Credit Repair,Resumes: http://www.moneyteachers.org
    Conspiracy Blog: http://deadmanmusings.blogspot.com
  • + guest6eee3 guest6eee3 5 months ago
    Here is the root cause of the problem...

    http://video.google.com/videoplay?docid=-9050474362583451279
  • + RiskAverseAlert Tom Chechatka 8 months ago
    Thanks for sharing. I will pass this along to my readers...
    http://stock-index-options-alert.blogspot.com/
  • + RichardVeryard Richard Veryard 8 months ago
    See review by Garr Reynolds (Presentation Zen) http://www.presentationzen.com/presentationzen/2008/10/a-...
  • + guestc180c guestc180c 9 months ago
    It's a nice break from the rough week the market has faced. Thanks for the laugh.

    http://qlcconsultant.com/
  • + guest907af guest907af 9 months ago
    pretty good ... but not wholey accurate about *every* mortgage. Some could afford to pay until problems arrose... some did have downpayments, and some *were* lead into predatory lending schemes .... 'oh just fill out this form ... its a little higher up front cost, but that will be rolled into the loan and we won't have to worry about any of the smaller paperwork' (that is, the no doc type loan)



    so sure.. lots of mortgages went belly up .. many due to predatory lending, many due to financially ill persons .... and in the end, the banks had a chance to work with **many** of these people, but because the presures are so great on them to wring money from every asset, rather than plan for the asset in 3 to 5 years... many of those persons loose their homes, and any possible chance of reclaiming the thousands they'd put into the house, all because the banks refused to work with them (lower the rate for X years, half payments for X years, etc)
  • + guest0f261d guest0f261d 9 months ago
    This is a good illustration. Too bad the language at the end shows little professionalism. Because of that, I won't be passing this on.
  • + julio.gorge Julio GorgĂ© 9 months ago
    Awesome. Thanks for the laught, too .
  • + guestbf2ef890 guestbf2ef890 9 months ago
    So very funny. Ya know...because it's true.

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Subprime Primer - Presentation Transcript

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+ guesta9d12eguesta9d12e, 2 years ago

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