What are Mortgage-Backed Securities? How the 2008 Financial Crisis Happened

Make getting into college easier with the Checklist Program: https://bit.ly/2AYauMn If you've lived through the 2008 and 2009 financial crisis or if you've been paying attention to the news recently, you likely have heard the term "mortgage-backed security." You likely know that it is loosely related to mortgages, but also, isn't directly a mortgage. The rest, tends to get a little bit complicated in financial jargon. Mortgage-backed securities, or MBS, and the market that surrounds them are a major underpinning to the US economy, so it's important to understand them if you want to understand greater economic actions. Let's explain this market simply, in common terms so everyone can understand. Get a free stock with WeBull: https://bit.ly/2tBxZYv Get a free stock with Robinhood: http://bit.ly/2p4kQC2 All images and videos courtesy of the creative commons or used in accordance with fair use laws. For questions or concerns, please use the contact section on our channel