Mr. Mortgage on Alt-A and Subprime Loans

This video is certainly dated as it goes back towards the Spring of 2008 but the information is definitely worth taking a look at as it indicates what the future should hold for us in the housing market especially in consideration of the Alt-A wave of resets purported to be coming between 2009 and 2012.

Second Mortgage Shock Coming?

Were subprime mortgages just the beginning of this housing crisis? The video asserts that "we are at the beginning of the second wave" with Alt-A's and Option Arms being the next major shoes to drop as these types of mortgage loans begin adjusting. The video also suggests that it's all but certain that we will see more doom and gloom. Fasten your seat belts, we're just getting started. Do you agree?