Check out CNBC’s House of Cards look at the Housing Crisis February 16, 2009
Posted by Patti Shawgo in Interesting Stuff, Mortgage News.trackback
By chance this past weekend I came across a show on CNBC about the housing crisis. Now, a lot of times I cringe when I see these kinds of shows as they seem to try to point blame in once direction or another for the current housing crisis. I thought this show did an excellent job of showing how so many different elements went in to what happened, including the great demand from the stock market for more and more mortgage backed securities which fueled lenders becoming more and more lax on their guidelines.
You can check out a preview of “House of Cards” below or watch the whole thing on CNBC at:
- Monday, February 16, 2009 at 6a/8p/12a ET
- Saturday, March 1, 2009 at 12a ET
- Sunday, March 15, 2009 at 9p ET
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