crisisofcredit.com— The Short and Simple Story of the Credit Crisis.A clever animation explaining the credit crisis and the journey of a subprime mortgage.By Jonathan Jarvis.
Feb 18, 2009View in Crawl 4
My girlfriend's sister's family is like that. I'm scared that I'll someday be their in-laws. I want no association with them at all -- let alone have to converse with them at family functions a few times a year. When she announced they were having yet another kid, most of those present gave the traditional and expected "congratulations." Not I. Funk that s**te. I asked, "why would you do that.?" And I continued, "It's irresponsible. You can't even take care of, and properly educated, your current children." Later I asked, "are you at least going to give it up for adoption so it can have a decent standard of living.?"Needless to say, she was (and is currently, and will likely continue to be) pissed. But I justify the status of our current relations on the grounds that my cruelty may someday urge her to get her tubes tied -- or better, for her worthless s**t of a husband to get the *snip *snip. She at least has potential; he, on the other hand, is tax on the existence of the human race.
Tarp funds aimed at allocating Warehouse Line funding from commercial to mortgage bankers is a key component to the success in restoring the housing market. Local, regional and non depository lenders rely on warehouse lending and warehouse lines of credit to fund loans. Without warehouse lines of credit the market freezes.Key commercial banks have re-entered the market. WarehouseLines.com specializes in assiting mortgage bankers replace lost warehouse lines and selling closed loans not placed due to tightenting investor requirements.
Tarp funds aimed at allocating Warehouse Line funding from commercial to mortgage bankers is a key component to the success in restoring the housing market. Local, regional and non depository lenders rely on warehouse lending and warehouse lines of credit to fund loans. Without warehouse lines of credit the market freezes.Key commercial banks have re-entered the market. WarehouseLines.com specializes in assiting mortgage bankers replace lost warehouse lines and selling closed loans not placed due to tightenting investor requirements.
So true... I mean, it sucks (not the video - the reality), but people need to take accountability too. It's a double edged sword. When we win (credit easy to get), we lose because those who shouldn't get it abuse it... http://www.creditimpress.com
mcjackhammerFeb 20, 2009
Majoring in one subject doesn't mean you can't research. Maybe all he did was put together the video while an economist provided the script?
dquistFeb 21, 2009
My girlfriend's sister's family is like that. I'm scared that I'll someday be their in-laws. I want no association with them at all -- let alone have to converse with them at family functions a few times a year. When she announced they were having yet another kid, most of those present gave the traditional and expected "congratulations." Not I. Funk that s**te. I asked, "why would you do that.?" And I continued, "It's irresponsible. You can't even take care of, and properly educated, your current children." Later I asked, "are you at least going to give it up for adoption so it can have a decent standard of living.?"Needless to say, she was (and is currently, and will likely continue to be) pissed. But I justify the status of our current relations on the grounds that my cruelty may someday urge her to get her tubes tied -- or better, for her worthless s**t of a husband to get the *snip *snip. She at least has potential; he, on the other hand, is tax on the existence of the human race.
chupavacasFeb 23, 2009
Super good! I loved the illustrations and animation, especially the sub-prime family.
meccaydnaFeb 24, 2009
Irresponsible is the name of the game for those slides. I think the creator summed it up nicely.
jeckyl57Feb 25, 2009
can somebody help me wit my page its my forst time in this site and i do not know even how to send a message or nothing
avianeddyFeb 25, 2009
I wish more people shared your candor and sense of responsibility... we wouldn't be in this mess.
dekuscrubFeb 28, 2009
<a class="user" href="http://www.youtube.com/watch?v=_MGT_cSi7Rs">http://www.youtube.com/watch?v=_MGT_cSi7Rs</a>yup.
mfabMar 1, 2009
lol, all the buzz and still spelled "Crysis" wrong
WarehouseLinesJan 19, 2011
Tarp funds aimed at allocating Warehouse Line funding from commercial to mortgage bankers is a key component to the success in restoring the housing market. Local, regional and non depository lenders rely on warehouse lending and warehouse lines of credit to fund loans. Without warehouse lines of credit the market freezes.Key commercial banks have re-entered the market. WarehouseLines.com specializes in assiting mortgage bankers replace lost warehouse lines and selling closed loans not placed due to tightenting investor requirements.
WarehouseLinesJan 19, 2011
Tarp funds aimed at allocating Warehouse Line funding from commercial to mortgage bankers is a key component to the success in restoring the housing market. Local, regional and non depository lenders rely on warehouse lending and warehouse lines of credit to fund loans. Without warehouse lines of credit the market freezes.Key commercial banks have re-entered the market. WarehouseLines.com specializes in assiting mortgage bankers replace lost warehouse lines and selling closed loans not placed due to tightenting investor requirements.
tdn31Jun 11, 2011
Great Infos
1023bs12 days ago
So true... I mean, it sucks (not the video - the reality), but people need to take accountability too. It's a double edged sword. When we win (credit easy to get), we lose because those who shouldn't get it abuse it... http://www.creditimpress.com