Subprime Mortgage Explained

Everyone knows that subprime mortgage crisis was the root cause of the economic downturn. It’s true in some aspect. The subprime mortgage crisis was triggered with the skipping of the mortgage payment and also the rise in the foreclosure. But the true picture that gives rise to this situation is still under veil. The mountainous greed of earning large commission by providing mortgage to the borrowers without verifying their economic status is the top reason behind this mortgage crisis.The video will tell you in a animated way which is entertaining and at the same time open our eyes.