An Insider View To The Subprime Debacle

Over the past few months, I have written my share of posts about the Subprime/credit/housing crisis and have cited many articles for clarification. All along, my goal was to find a posting from an insider who had actually worked in the industry and could add a better viewpoint to the discussion.

I lucked out when I found Herb Greenberg’s MarketBlog, which featured a dialog with Mark Hansen in “Straight Talk on the Mortgage Mess from an Insider.” Mark is a 20-year veteran of the mortgage industry and has sold billions of loans over the past 5 years. It’s a fascinating story and a must read for you to stay ahead and be aware of the likely changes in investment climate we may be facing in the next few years.

About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
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