This is an in-depth look into how America dragged itself into the worst housing and credit crisis since The Great Depression. The reader is introduced to Billy and Beth and learns about the housing crisis through their experiences with real estate agents house inspectors appraisers mortgage brokers lenders and attorneys. Each of these encounters is a lesson for any person considering the purchase or sale of a home investing in real estate or just taking out a mortgage. We learn how mortgage sales and securitizations became a trillion dollar business disconnecting the American borrower from the lender and de-humanizing the process. The Skinny On books examine and synthesize the leading research on an array of topics determine the bottom-line need-to-know information and present helpful analysis in an engaging stick-figure illustrated narrative. Designed to be read in just one hour readers can consume and comprehend their chosen subject quickly and effectively.
This is an in-depth look into how America dragged itself into the worst housing and credit crisis since The Great Depression. The reader is introduced to Billy and Beth and learns about the housing crisis through their experiences with real estate agents house inspectors appraisers mortgage brokers lenders and attorneys. Each of these encounters is a lesson for any person considering the purchase or sale of a home investing in real estate or just taking out a mortgage. We learn how mortgage sales and securitizations became a trillion dollar business disconnecting the American borrower from the lender and de-humanizing the process. The Skinny On books examine and synthesize the leading research on an array of topics determine the bottom-line need-to-know information and present helpful analysis in an engaging stick-figure illustrated narrative. Designed to be read in just one hour readers can consume and comprehend their chosen subject quickly and effectively.