Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Apr 21, 2012
In this one-hour video, Attorney John E. Campbell explains the main aspects of the mortgage crisis that has devastated the U.S. housing market and the economy.
This video was produced by John Campbell and Erich Vieth, who are both attorneys (along with Alicia Campbell) at Campbell Law, LLC in St. Louis, Missouri. http://campbelllawllc.com/ John is also on the faculty of Sturm College of Law at the University of Denver. A substantial part of their law practice concerns issues pertaining to mortgage fraud and unlawful foreclosures. The attorneys of Campbell Law have filed numerous individual and class action lawsuits on behalf of behalf of homeowners.
This video is divided into the following sections:
I. The Big Picture and its Many Parts (:55) II. Banks Flood the Market with Subprime Mortgages (3:54) III. Banks, Securitize their Mortgages (10:05) IV. Banks Cry for a Bailout (13:57) V. Wall Street Malfeasance (16:54) VI. Foreclosures, Robo-Signing, Trustees and Conflicts of Interest (18:20) VII. MERS ("Mortgage Electronic Registration System) (33:45) VIII. The Mortgage System Used to Work (43:42) IX. Credits and Further Readings (52:43)
Erich Vieth John Campbell CAMPBELL LAW, LLC 1500 Washington Avenue Suite 100 St. Louis, MO 63103 Office: 314.588.8101 Fax: 314.588.9188
It is their intent to offer a video for both lawyers and non-lawyers that presents an overall picture of an area of law that has, especially over the past decade, become intimidating in its complexity. If this video inspires you learn more about the mortgage industry, including bank misconduct, securitization and foreclosures, you are invited to explore the websites of these three excellent organizations:
For an especially good explanation of MERS ("Mortgage Electronic Registration Systems, Inc."), see "Two Faces: Demystifying the Mortgage Electronic Registration System's Land Title Theory," (2011) by Law Professor Christopher Peterson. http://papers.ssrn.com/sol3/papers.cf...