From Your Wallets to Their Pockets: Understanding the Credit Crisis: Privatizing Profits and Socializing Losses pdf epub fb2

From Your Wallets to Their Pockets: Understanding the Credit Crisis: Privatizing Profits and Socializing Losses by Tony Pallante epub fb2 djvu

Author: Tony Pallante
Title: From Your Wallets to Their Pockets: Understanding the Credit Crisis: Privatizing Profits and Socializing Losses
ISBN: 1440108048
ISBN13: 978-1440108044
Other Formats: mobi lit doc lrf
Pages: 204 pages
Publisher: iUniverse (December 1, 2008)
Language: English
Size EPUB version: 1494 kb
Size FB2 version: 1826 kb
Category: Other
Subcategory: Business & Finance

From Your Wallets to Their Pockets shares an easy-to-understand insider's point of view of the complex mortgage industry while providing a comprehensive explanation about the key players, how they collaborate within credit markets, and why these interactions have created both current and future painful financial crises.Tony Pallante, CEO of Performance Capital Services, possesses more than twenty-five years of experience as a consultant and executive who helps financial organizations in strategic development and execution. In his educational reference manual tailored for the average consumer, Pallante offers a brief history of the mortgage market, basic information about products and descriptions, a glossary of industry terms, and in conclusion, connects the pieces of the puzzle by sharing his insight into the very real problems that the current colossal financial sinkhole has created for consumers, including historically high foreclosure rates, depreciating home values, and dwindling access to credit. From Your Wallets to Their Pockets explores a vast range of topics of the utmost interest to industry participants, policy makers, and the American taxpayer, ultimately exposing the hidden truths within an industry that has caused financial mayhem across global economies.

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