Will This Be The Year The Mortgage Crisis Is Resolved?

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Uploaded by on Mar 4, 2008

Last year was quite a year for the mortgage industry as the subprime mortgage crisis casued banks to drastically change the programs that had become popular in past years. Now that the new year has arrived, lawmakers in Washington are getting together to see what can be done to try to put a dent in what has turned into a major crisis. In today's episode we discuss some of these proposals, and as you will hear... some of these concepts still need some serious fine tuning. Please note that our NEW number is 877-412-8730.

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Uploader Comments (NatesMortgageNotes)

  • You are 100% right Mongo - the banks played a big role in this as we will examine in an upcoming video. FYI, this very topic is the subject of my latest audio podcast in clickcaster dot com/natesmortgagepodcast.

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  • If someone comes to you and wants to incur a mortgage that is 9xAnnual Income, then you need to turn them away. If you take the risk, you are responsible.

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