Mr Mortgage - HERE COMES THE ALT-A CRISIS

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Mr Mortgage - HERE COMES THE ALT-A CRISIS

Uploaded by: markmti
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Visit my new blog...
http://mrmortgage.ml-implode.com
Mr Mortgage Exposes ALT-A Crisis Coming to a City Near You Soon

Tags for this video: Alt-A banks Bear Chase economy estate Fargo foreclosure Lehman loan Mortgage Mr real recession Stearns Subprime Wells

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Dude...I just heard ... ( 6 months ago by renegaderealtor)

Dude...I just heard that ForeclsoureRadar put out that Cali crossed 1,000 foreclosure auctions a day this month...just like you said.
This is just SICK considering that you predicted this back in March/April. And the Alt-A nightmare hasn't hit?
Why don't we hear more from you? You've got a LOT to contribute and I would watch your show every dang day if you posted that often. I already got your channel set up to auto download and convert to my iPod.

very few people ... ( 6 months ago by markmti)

very few people want to hear the truth. they rather drink the kool-aid and have the truth hit them upside the head.

Thanks, Mr. ... ( 6 months ago by Ambiepants08)

Thanks, Mr. Mortgage. Good info. The only thing is I think you might be overestimating the good great / financial standing of these Alt-A borrowers. If they really had $200k in the bank and great credit as you state they do - they would have gotten a prime loan and not Alt-A, correct? I look forward to seeing your other videos. Cheers.

Hey Mr. Mortgage, ... ( 6 months ago by KoroOutbreak)

Hey Mr. Mortgage, would you compare the current mortgage crisis to the fallout of the Savings & Loan scandal of the 80's? Are there any similarities at all?

Ok - this is a ... ( 6 months ago by badonkadonk34)

Ok - this is a first. I have never seen a video with 500 ratings of all five stars with almost 30K views. Great job Mr. Mortgage - keep it up.

this problem will ... ( 6 months ago by markmti)

this problem will turn out to make that look like a good thing. There we too many S&Ls then anyway. Just think about Bear Stearns collapsing in 24 hours. That is much more significant than a bunch of local s&l's.

Thanks for the ... ( 6 months ago by 6thStreetProductions)

Thanks for the information.

like bill cosby ... ( 5 months ago by navtel)

like bill cosby said to old weird harold when they were out past 10 and had to cross over the 9th street bridge, ' oh harold, we're in trouble.' anyone that ignore the warnings will wish they hadn't.

A detailed level of ... ( 5 months ago by MaverickCentricity)

A detailed level of analysis rarely seen on Youtube. Thanks for the service. Keep up the good work.

Array ( 5 months ago by scott715)

let the chips fall
NO BAILOUTS!

Great vids Mr. ... ( 5 months ago by GreenrushCapital)

Great vids Mr. Mortgage...

wow, this is one of ... ( 5 months ago by zacheh)

wow, this is one of the most alarming pieces I've seen about Alt A's. I enjoyed being able to see the actual figures. Great work on all your videos.

34.) Everything in ... ( 4 months ago by louis12346)

34.) Everything in the "United States" is For Sale: roads, bridges, schools, hospitals, water, prisons airports etc. I wonder who bought Klamath Lake? Did anyone take the time to check? (Executive Order 12803)
35.) We are Human capital. (Executive Order 13037)
36.) The UN has financed the operations of the United States government for over 50 years and now owns every man, women and child in America. The UN also holds all of the Land in America in Fee Simple.

Dude, seriously, ... ( 4 months ago by nasafiyel)

Dude, seriously, you are the man! GREAT INFORMATION!!!!

spot on!! terrific ... ( 4 months ago by javawhz)

spot on!! terrific information, thanks!

How come they just ... ( 4 months ago by freddytuber)

How come they just now posted good earnings and even raised dividends? Are they lying?

First the earnings ... ( 4 months ago by migrane222)

First the earnings were terrible, but they did beat expectations, and for pps that's all that matters. In fact, the financials probably will continue to rally. The point he is making is that we are between storms and the next one is bigger and about to pick up momentum.

If this guy is ... ( 4 months ago by migrane222)

If this guy is correct, then watch e*trade (ETFC). See if its rally starts to roll over. It is one of the few banks he mentions by name in his posts, and though he doesn't say it directly, he obviously thinks its doomed.

He makes some good ... ( 3 months ago by dojufitz)

He makes some good points here - thanks for talking slower in this one - others are like manic talk SPEED!! lol...

They lent LOTS of ... ( 2 months ago by mikeybrumbrum)

They lent LOTS of money so that house prices would increase dramaticaly.
Then, they sold people "EQUITY RELEASE", so that they could BUY half yur house off you. NOW, they say there is a crisis, so the house price will fall - SOON they will own your WHOLE house (or anyone who had equity release, anyway).
So, WHO is gonna bail me out of my "equity release" problems, which could lead to me losing the WHOLE of my house, to these bankers ??
NO oNE, thats who !
NOOOOOOOOOOOOOOOOO !!!

AND.. isnt it the ... ( 2 months ago by mikeybrumbrum)

AND.. isnt it the same as us, the peopel, since we are the ones who are payng this "bail out" fee, paying MORE for all our mortgages ??
Its a con, and ht epeopel who made the con, should be brought to justice !!!!

Great real info!!!! ( 1 month ago by BLACKWINGEDBEING)

Great real info!!!!

Just get ur credit ... ( 1 month ago by bacaca88)

Just get ur credit card out as normal. Stop worryin. Can always pay next month. Who needs cash? Get on the dole and enjoy life. Its what you all deserve in Uk for fucking the place up.

How can the problem ... ( 1 week ago by papatoony)

How can the problem be addressed?? All that money is GONE. The damage was done when the loans were given out...what can possibly be done about it at this point?

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Mr Mortgage - HERE COMES THE ALT-A CRISIS