The Mortgage Banking Meltdown

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www.financeforcongress.com A visual demonstration of the changes in mortgage banking that led to the current financial crisis. To learn more, watch our other video, “Understanding the Financial Crisis,” and visit http

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    There Are 11 Responses So Far. »

    1. Comment by lwnamr on 25 December 2010:

      waw these clips are so well made..congrats!

    2. Comment by SaviorOfLogic on 25 December 2010:

      You forget the governments involvement.

    3. Comment by kingofboggle77 on 25 December 2010:

      Nice work! Thanks

    4. Comment by EnspireLearning on 25 December 2010:

      Glad you enjoyed it. Granted, it’s simplified, but we’re glad it has started discussion, especially in our first video you can see in the link provided. Thanks for watching!

    5. Comment by Elephant1960 on 25 December 2010:

      That’s definitely one of the most informative videos I’ve seen about this subject. Thanks for posting it.

    6. Comment by mannyfeseha on 25 December 2010:

      thehelpfund.blogspot

    7. Comment by DrewDownsManagement on 25 December 2010:

      Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.

    8. Comment by DeadCatX2 on 25 December 2010:

      Actually CRA loans are still considered profitable; see the House hearing with law professor Michael S. Barr, a Treasury Department official under President Clinton. Additionally, the brokers mentioned in the movie above are exempt from CRA. Had CRA applied to them, they wouldn’t have been able to sell shoddy mortgages.

    9. Comment by EnspireLearning on 25 December 2010:

      This is very true. This is part of a series of videos exploring some of the causes behind the crisis. In no way were we intending to point out one guilty party, as the situation seemed to be a perfect storm of several different issues occurring at the same time.

      We hope to do another video that will further delve into some of the other pieces of the puzzle.

      Thanks for expressing a level-headed comment on the subject! That seems to be a rare thing to find on the net these days.

    10. Comment by millergt on 25 December 2010:

      I think it is important to realize that there is rarely a single identifiable cause of problems of this size, while predatory lending was a major cause, so was the CRA (not all Clinton’s fault either)… there were plenty of other factors that contributed to the problem as well.

    11. Comment by wllmyrs on 25 December 2010:

      First!!1!!11

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