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I was forwarded this powerpoint presentation on the subprime mess and how a bad loan from a mortgage broker ends up bringing the economy to a precarious position.
Click on Image to Download Powerpoint Presentation.
I do not know who did this originally but if anyone can point me in the right direction I would be grateful and give them their props.
3 comments ↓
That was really wrong of you! No warning or anything..I spit coffee all over my desk!
So cool..thanks for the Friday morning humor!
I aim to please…
[…] Tough times in the financial sector are another part of the real estate slowdown. If the financial companies can not stabilize it will be very tough for real estate to do so. For a better understanding of how the lax lending standards in real estate led to many of the issues with the big lenders, here is a great powerpoint explanation. […]
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