An Insider View To The Subprime Debacle

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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.

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