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What is the Subprime Mortgage Crisis?

Here are many reports and articles about the subprime mortgage crisis. However, many consumers simply don't understand what it's all about. Why? The news media is too busy creating an atmosphere of crisis to slow down and do a simple explanation.

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About the Author
David C. Recker is a Top Producing Realtor licensed in North Carolina. Dave works at RE/MAX Point East and serves Edgecombe, Nash, and Wilson counties in North Carolina.

Dave's website, http://www.ncrealestateweb.com/ , is one of North Carolina's top real estate websites and you can read frequently posted Articles and Blogs by Dave at NCRealEstateWeblog.

Posted Tuesday Jan 29