Trying to make sense out of mortgages and mortgage guidelines can make your head hurt. Dan Green at the ever-brilliant Mortgage Reports blog has a spiffy little video that outlines in easy-to-understand words and pictures what has been happening in the mortgage scene the past few years.
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That’s a great video and ever-brilliant
explanation.
Watching the video made me think about the other industries of the “boom and bust” and how they’re subject to the same variables – similar consequences.