The Mortgage Reports blog run by Dan Green is a great resource on mortgages – one of my favorite blogs.
Check out his new video below called “Changing Mortgage Guidelines Impact Everyonw” video. (Dan must have skipped art class in school, but his presentation is spot on.)
In this must see video, he lays out the impact in the erosion of mortgage standards and how so many homeowners are now stuck, even with mortgage rates slipping. Warning: This is not an MTV production with zooming in out distorted camera angles with rock music blaring. Its actually clear, easy to understand content.