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	<title>MetaFilter posts tagged with housingmeltdown</title>
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	<pubDate>Tue, 16 Nov 2010 13:21:48 -0800</pubDate> <lastBuildDate>Tue, 16 Nov 2010 13:21:48 -0800</lastBuildDate>

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		<title>Multiply this by HOW MANY mortgages out there?</title>
		<link>http://www.metafilter.com/97656/Multiply%2Dthis%2Dby%2DHOW%2DMANY%2Dmortgages%2Dout%2Dthere</link>
		<description> &lt;i&gt;Dan Ekstrom is a guy who is in the right place at the right time.

His profession? He performs securitization audits (Reverse Engineering and Failure Analysis) for a company called DTC-Systems.

The typical audit includes numerous diagrams...

&lt;a href=&quot;http://www.zerohedge.com/article/just-when-you-thought-you-knew-something-about-mortgage-securitizations&quot;&gt;The following flow chart reverse engineers the mortgage on the Ekstrom family residence. It took Dan over one year to take it this far and it clearly demonstrates what happens when there are too many lawyers being manufactured. &lt;/a&gt;
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		<pubDate>Tue, 16 Nov 2010 13:21:48 -0800</pubDate>
		<category>econopocalypse</category>
		<category>financialmeltdown</category>
		<category>foreclosure</category>
		<category>housingmarket</category>
		<category>housingmeltdown</category>
		<category>MERS</category>
		<category>mortgagecrisis</category>
		<category>mortgatges</category>
		<category>securitization</category>
		<category>wallstreet</category>
		<dc:creator>Pirate-Bartender-Zombie-Monkey</dc:creator>
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