Sunday February 7, 2010 21:35
Mortgage Meltdown – 44min. documentary
Posted by Business Plan as Mortgage
See full film here: journeyman.booserver.com 17 September 2007 What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in America send world stock markets into a spin? ‘Mortgage Meltdown’ examines how our interconnected finance systems left the world vulnerable to a global credit crunch. It traces the current crisis to the fallout from September 11, hearing from the families now facing destitution while the ‘market corrects’. With banks now afraid to lend to each other, the subprime mortgage crisis threatens to push America, and possibly the rest of the world, into recession. Produced by ABC Australia Distributed by Journeyman Pictures
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Tags: 44min., Documentary, Meltdown, Mortgage
25 Responses to Mortgage Meltdown – 44min. documentary
piggadave
February 7th, 2010 at 9:43 pm
Easi Credit = Easy financial death
andrewh817
February 7th, 2010 at 10:36 pm
The central banks pumping money into the system is what caused the crisis and yet they’re saying the situation forces them to do so.
sfordgg
February 7th, 2010 at 11:10 pm
my wife is a stripper and prostitute in nv we make good money its great move to nv and make bigg money legally
TheFreemanuk
February 7th, 2010 at 11:48 pm
you fuckin tossers you report on this shit situation and then dont show the whole picture (The truth) then expect people to pay for the info you are as bad as them shame on you
there is better quality stuff on here done by honest real people
JOURNEYMAN SUCKS.
2fuck2shit2
February 8th, 2010 at 12:32 am
What is the Key disfavors by Having Your Mortgage
realmortgagepaid.blogspot. com
johnnyfast
February 8th, 2010 at 1:10 am
all the ordinary working people who live within their means are paying for bankers greed and stupidity.
flagship21
February 8th, 2010 at 1:59 am
the only problem is the government is not letting them get screwed
SpeedingStudent
February 8th, 2010 at 2:02 am
I am enjoying this shit.
Burn, baby burn.
Stop living beyond your means, dumbasses!
pantoum
February 8th, 2010 at 2:43 am
It is not the lender’s job to make as much money as possible. It is their job to facilitate lending options in an ethical and legal way.
ciro9
February 8th, 2010 at 3:36 am
“We the People” of moderate income should be granted the right to borrow or refinance a low interest home mortgage loan based on income directly from the Fed which should be nationalized for the working class people of our nation” to end the mortgage slavery in America from the bank’s, Fannie Mae, Freddy Mac, FHA etc. “The Change We Need” must come from the Federal government.
mannyfeseha
February 8th, 2010 at 3:54 am
thehelpfund.blogspot
mannyfeseha
February 8th, 2010 at 4:47 am
thehelpfund.blogspot
kooodeal
February 8th, 2010 at 5:16 am
Haha ,the fat bastard got his hand stuck in the jar.
mannyfeseha
February 8th, 2010 at 6:11 am
thehelpfund.blogspot
mannyfeseha
February 8th, 2010 at 6:21 am
thehelpfund.blogspot
DrewDownsManagement
February 8th, 2010 at 6:47 am
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.
stinky125
February 8th, 2010 at 7:32 am
And real estate agents….they suck more than anyone..!1!
wot321
February 8th, 2010 at 7:56 am
You’re an idiot.
rikinoki
February 8th, 2010 at 8:55 am
America new poor Africa
69Bluntsmoka420
February 8th, 2010 at 9:16 am
The economy is ruined forever. We’re all going to starve to death.
AtilladHun
February 8th, 2010 at 9:27 am
Tellthetruth, you are a perfect idiot. These greedy finance agents, mortgage brokers, security traders and greedy CEO’s (99%) of them Whites, who sold, processed, and approved and made tons of money on these mortgages are to blame. They will sell to anyone who wants a home for his family and can sign on the dotted line.
mard420
February 8th, 2010 at 9:40 am
they shouldn;t scare people about buying houses, they are good, solid equity, however taking trips, buying big screen tvs, and countless luxuries is terrible
tellthetruthh
February 8th, 2010 at 9:44 am
HISPANICS were the major group to hold SUBPRIME LOANS. HISPANICS were given loans when other groups could not get them. Now they want to be bailed out of their mess!!!If they weren’t so greedy they would not be in this situation. Most of them didn’t even have SSN oe EINS.Now BUSH has made it possible for them to get bailouts without SSN or EINs!!!S0illegals aliens are milking the system again!!! While Americans pay the bill!!!
iamauscitizen
February 8th, 2010 at 9:51 am
The SUB PRIME LOANS which caused this crisis in the Mortgage Industry are always in the HISPANIC COMMUNITY across the country. Who is responsible for giving the SUB PRIME LOANS TO MAJORITY HISPANIC PEOPLE?Why is PRESIDENT BUSH allowing OUR TAX DOLLARS to rescue peoples’ homes who have NO SOCIAL SECURITY NUMBER!HOW can you tax or track a homeowner who has NO SOCIAL SECURITY NUMBER OR EIN NUMBER?I have a right to know.I am a US CITIZEN.I am tired of giving ILLEGAL ALIENS ANOTHER free ride!!
masisavan
February 8th, 2010 at 10:44 am
when you dont need money,banks are doing every thing to get you in debt,when you need money,they say you are not qualified,your credit score is too low?