Josh & Chuck

The 2008 US financial crisis has been blamed on the excessive use of mortgage-backed securities. But what exactly is a mortgage-backed security? Learn more about these securities and how they contributed to the crisis in this HowStuffWorks podcast. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

The 2008 US financial crisis was caused by the overuse of mortgage-backed securities; this podcast explains what they are and their role in the crisis.

How Mortgage-backed Securities Work