Video by: markmti
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Check out my new blog...
http://mrmortgage.ml-implode.com
S &P, BofA and Fitch all concur that the 'Home Equity Implosion' is knocking on, or kicking down rather, the front door.

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Tags: alt banks bear bubble bust crisis estate foreclosure home housing lehman mortgage mr real recession stearns subprime  mr mortgage home equity delinquencies surge See more videos uploaded by markmti

Comments for this video on YouTube

Array ( 7 months ago by MedDocOnLine)

markmti: According to the data, when will the next big forclosure wave hit US? Is it in this summer or the end of this year when most of household need to pay higher interest rate for the mortgage? I am waiting for the time to buy a house, but I need to know when will be the safe time. Thanks

Poetic justice for ... ( 7 months ago by xxx12345yyy)

Poetic justice for the banks, fuck em...too bad we are printing money to bail them out. I guess gas will be $10/gal before this is over.

Mr. Mortgage is ... ( 7 months ago by jerabekk66)

Mr. Mortgage is showing a way for the little guy not to get completely screwed. Pass it around

Passing it around. ... ( 7 months ago by iam420king)

Passing it around. Well done, Sir.

Absolute Gospel ... ( 7 months ago by THolleyH46)

Absolute Gospel Brother, keep on talking it up.

Thanks Mark. Keep ... ( 7 months ago by badonkadonk34)

Thanks Mark. Keep it up.

Great Information! ... ( 7 months ago by youstwo)

Great Information! Thank you. CHL

don't believe the ... ( 7 months ago by makoshark123456)

don't believe the hype. right on! thanks for your efforts.

Great stuff, ... ( 7 months ago by mliu03)

Great stuff, deserve 5 stars!!!

Great info, your ... ( 7 months ago by visionvictory)

Great info, your doing a great job informing people. keep it up.

Great info. Many ... ( 7 months ago by sharkee69)

Great info. Many people are upside down and don't realize it or are in denial. Who can actually qualify for a home loan now with no more Stated Income, sub-prime, HELOCs, or 100% financing loans? The foreclosures are definitely going to reach epidemic proportions in the near future. Regards, Sharkee

seems like ... ( 7 months ago by pejvan)

seems like everybody is kind of aware of the critical situation in the US. The Dow being pegged to 12,500 makes me feel like we are going to have on top of this crisis a financial krach.. it is going to become messy... and I don't think Helicopter Ben is seeing the problem...

Thank you for the ... ( 7 months ago by ioniancat)

Thank you for the truth, it's refreshing to hear......

If people start ... ( 7 months ago by idahotandj)

If people start seeing banks selling the debt back for cents on the dollar to some,would that not cause more people to default on purpose. Where does it end man where does it end?

I found the answer ... ( 7 months ago by idahotandj)

I found the answer to my question on your blog, at the very end of the article titled " Mar existing home sale" ( The only way out of all of this remains a national recuction of mortgage balances for everyone). I am all over that!

You look like Elvis ... ( 7 months ago by 7bb7b)

You look like Elvis!!! I wondered all these times who you look like!!! do you sing? Youre Elvis Presley of the Mortgage industry!! LOL

Appreciate your ... ( 7 months ago by r0h1tp)

Appreciate your sharing this info and exposing the hype.

"percent?" or ... ( 7 months ago by donpedrosan)

"percent?" or percentage points? I can't make oyt from the monologue. Please explain here (if you have time)

hopefully hot elvis ... ( 7 months ago by markmti)

hopefully hot elvis and not 1977 elvis.

How long can these ... ( 7 months ago by jim9847)

How long can these banks keep this bad paper before they are forced by necessity to finally openly declare their losses?

Went to Costco ... ( 7 months ago by visionvictory)

Went to Costco today, NO RICE. LOW ON WHEAT, SALT, SUGAR, and Veg. Oil. This is real time.

seems like forever. ( 7 months ago by markmti)

seems like forever.

FYI, I heard ... ( 7 months ago by rcmtgs)

FYI, I heard Fremont went to 4% on nego, my Mom heard on news Wells went to 4% on nego, but heard today someone got their 7.75 went to 7%, going to suggest he nego better. I don't think it's fair if your scores have always been low to go to 4% but hey if you can get it go for it! My Mom who has perfect credit & 5.75 from Nov '07 refi wants 4% now too. lol

Hi Jim - leverage ... ( 7 months ago by markmti)

Hi Jim - leverage means many things to the banks as you have learned but primarily the amount of debt used to try and achieve returns.