I'm not sure were this video originated, but it has been out on the internet sometime now.  Take a look at it.  It will give you a better understanding of what happened in the sub prime world.

 

subprime.pps  Download File

I hope this link works?

 
Posted by Brian W Needham on 07/18/2008 11:29 PM   Comments (2)  
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God Bless George Carlin
06/26/2008
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Just for fun, a few of my favorite George Carlin quotes… that are publishable!!! "Ever notice that anyone going slower than you is an idiot, but anyone going faster is a maniac? " "Isn't it a bit unnerving that doctors call what they do.. more
Random Quotes…
06/11/2008
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Magnificent promises are always to be suspected. - Theodore Parker (1810-1860) If you can't make a mistake, you can't make any thing. - Marva Collins A true man never frets about his place in the world, but just slides into it by the gravitation… more
This and That:
06/11/2008
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Zillow. com continues it's march forward into the Real Estate arena with the ability for home owners to update thier own property information. As you understand, often County records(a main source of information for Zillow property values) as well as… more
HUD/REO Homes & 203(k) Streamline Loans
06/10/2008
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If you are thinking about buying a REO property that needs repairs, FHA 203(K) rehabilitation loan or it's simplified alternative, the Streamlined (k) maybe a good option for you. FHA's simplified Streamline (k) program for small scale repairs is… more
Has the Dust Cleared in the Mortgage Industry?
09/04/2007
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Well it's been a strange trip! Who knew what was coming? We at American Home Mortgage sure didn't! Wow. The nations 10th largest wholesale mortgage company down the drain. Wall St over reaction. Today sure doesn't look like yesterday,… more
This & That:
01/31/2007
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Sales of new homes and orders for durable goods jumped in December, suggesting the weekest parts of the U S economy are on the mend. New home purchases rose 4. 8% to an annual pace of 1. 12 Million, the best since April '06. Buyers were lured back… more
The Power of Sharing
01/23/2007
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We are proud to announce that American Home Mortgage has developed a new charitable affinity program, The Power of Sharing. Under our Power of Sharing program, when a Charity / non-profit chooses American Home Mortgage as their preferred mortgage… more
The Buyers Advantage Program for Builders!
01/23/2007
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American Home Mortgage will soon roll out The Buyer's Advantage Program, an exciting package of seller incentives that will dramatically strenghten a builders ability to attract homebuyers. Cover a Buyer's Closing Cost - AHM will allow… more
Foreclosures jump 35% Nationwide!
01/19/2007
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Refinance your Adjustable Rate Mortgage Now! While the number of new foreclosure filings droped back from the high point for November 2006, the combination of slower home sales and rising interest rates on Adjustable Rate Mortgages(ARM) continues to… more
 

Brian W Needham

Brunswick, OH

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Flagstar Bank Home Loans

Address: 16600 Sprague Rd #130, Middleburg Hts, Oh, 44130

Office Phone: (440) 816-2106 x 263

Cell Phone: (440) 212-3810

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