Mr Mortgage on the Pay Option ARM Implosion

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My site: http://mrmortgage.ml-implode.com Green Credit Mortgage modifications: http://getgreencredit.ml-implode.com/landing-mm.html

Channel: People & Blogs
Uploaded: July 17, 2008 at 11:25 am
Author: markmti

Length: 0:09:30
Rating: 4.95
Views: 11,640

Tags: foreclose housing crisis subprime indymac alt-a home prices banks

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Video Comments:
ninyae (Thursday 25th of September 2008 06:06:09 PM)
Neither a lender nor a borrower be.
Ambiepants08 (Friday 22nd of August 2008 09:53:29 AM)
Time for a new video. Looking forward to it. I keep checking but nothing yet, have looked at your site though. Any new goodies in the works for us? Cheers.
rotinek (Sunday 17th of August 2008 04:38:30 AM)
That's Enron accounting. Forward booking revenue that doesn't exist & is never coming. This is mind-blowing.. Thanks for all your hard work Mr Mortgage! Many thousands of people truly appreciate your work. Keep up the great work!! We need you
Cherokee15676 (Thursday 14th of August 2008 04:35:18 AM)
Hey Mr Mortgage, love your work. I'm in the UK and I would like to know why neg equity is an issue for 'home owners' here if they are not planning on taking any home equity loans out? Could it be that they may have trouble taking out a new mortgage at a reasonable rate when their fixed rate deal comes to an end? And if so, is this because the banks view them as a liability because there homes are falling in value?
cruisemates (Saturday 9th of August 2008 03:37:54 PM)
Unbelievable!!!! I have a sister in Los Angeles who is a NegAm victim from WaMu. Anyway - Guess what her name is, (I am not lying): CINA (short for Marcina). I didn't know the first thing s about these loans until she told me she has one.
pingish (Thursday 7th of August 2008 01:24:41 AM)
This guy called Lehman right on the nose! You rule!
adrock5151 (Wednesday 6th of August 2008 01:57:41 AM)
I can't believe only 6,000 people hear this info and over 300 million didn't. No wonder they have their head in the sand!
Benzini9 (Saturday 2nd of August 2008 04:27:14 PM)
Mark where are you buddy? I need your data for the last few months! Ha Take care!
harley1932 (Tuesday 29th of July 2008 08:32:19 AM)
June update?
Ambiepants08 (Monday 28th of July 2008 03:30:22 PM)
Mr. M - I would just like to ask what your opinion is of seller-funded down payment assistance programs (such as Nehemiah or AmeriDream) and how you feel the outcome will be if/when the House & Economic Recovery Act of 2008 is signed. (It is estimated that up to 40% of FHA loans are used in conjunction with DPA's which keep prices artificially inflated.) What are your thoughts? Thanks.