What Caused the Mortgage Collapse Of 2008

4.6 (11)

Doug Vairo, ABA


  • CPA
  • CMA
  • CGMA

Before starting this self study program, please go through the instructional document.


  • What is the Primary and Secondary Mortgage Market?5 mins
  • How do loans get sold to the GSE's?8 mins
  • Why was the Secondary Mortgage Market created?13 mins
  • When/How did Wall St. get into the secondary market?18 mins
  • What is MBS/ABS/CDO?19 mins
  • Why did this meltdown affect other countries?22 mins
  • How FICO scores impact mortgage loans?30 mins
  • Various additional types of risks35 mins
  • Different types of Sub-Prime loans37 mins
  • How did Sub-Prime loans play a part?38 mins
  • How did the rating agencies like Moody's play a part?51 mins
  • 5 Great books to read52 mins

Course Description

This course will teach the students many of the things that helped cause the crash as well as some of the things that were done to save the financial markets. Students will journey through the late 80’s when interest rates soared to 18 ½% when banks were deregulated, past the creation of sub-prime loans with their No Income Check and Pick a Pay Loans and finishing with the Wall Street / Bank bailout.

Learning Objectives

  • To understanding of the Mortgage and the importance it in the mortgage
  • Mortgage collapse possible reasons
  • To define caused of the Mortgage Collapse of 2008

Who Should Attend?

  • Finance Pros
  • Tax Attorney
  • Tax Practitioners
  • Bookkeeper
  • Accountant
  • CFO/Controller
  • Others
  • Non Profit Pros
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • CPA - Large Firm
  • Accounting Firm
  • Tax Pros
  • CPA (Industry)
  • Auditors
  • Tax Firm
  • Young CPA
  • CPA in Business
  • Entrepreneurial CPA
  • Tax Director (Industry)
  • Chief Accounting Officer





Opened my eyes to the subject. I have to review this with a number of my clients. Very helpful as an introductory course and dispelled a few misconceptions of mine


It was a wonderful webinar. I gained an understanding of a new perspective. I learned new things that I can apply in my daily work. Keep it up!