Archive for the ‘credit’ Category

A Primer for Mortgage-Backed Securities

Saturday, September 1st, 2007

You’re probably thinking a snoozer, right? Wrong. PBS’ Paul Solman does the improbable by breaking down mortgage-backed securities and keeping the viewer engaged. This is the single best explanation of modern day mortgages I’ve ever seen or read. And honestly, I had never fully understood the inner workings of a mortgage-backed security until now. Excellent work, PBS.

Part One

Part Two

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