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Canadian Inspectors This is a place for Canadian InterNACHI inspectors and other inspectors in Canada to discuss local inspection topics.

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Old 10/13/08, 9:10 PM
Vern Mitchinson, CMI's Avatar
Vern Mitchinson, CMI Vern Mitchinson, CMI is offline
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Location: Edmonton, AB
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Default How did this mortgage mess get created

Go to http://www.businesspundit.com:80/sub-prime/ and click on next page to see the stick mans explanation on how the current mortgage mess was created.


Vern Mitchinson_CET_CMI
Past President
International Association of Certified Home Inspectors. Alberta Canada
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  #2  
Old 10/14/08, 11:48 AM
Douglas Cossar's Avatar
Douglas Cossar Douglas Cossar is offline
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Join Date: Feb 2005
Location: Whitby, On
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Default Re: How did this mortgage mess get created
Great find Vern


Doug Cossar CMI, NHI
Accurate Home Inspection
Services Inc.
Whitby Ontario
www.accuratehomeinspections.ca
05021384
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Old 10/15/08, 8:06 PM
Erich Kelter's Avatar
Erich Kelter Erich Kelter is offline
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Join Date: Dec 2007
Location: Barrie, ON
Posts: 148
Default Re: How did this mortgage mess get created
Good one Vern!

Unfortunately this whole thing along with the rest of the markets going for a slide was carefully orchestrated by international bankers who wanted this to happen so they can fill their pockets when people end up giving stuff away to survive, really a terrible thing.
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