Kenneth Clark's Book on the Mortgage and Housing Meltdown Now Available at BestBuyWorld
Online, December 4, 2010 (Newswire.com) - Kenneth Clark's recent book The Story Behind the Mortgage and Housing Meltdown: The Legacy of Greed is now available for purchase at BestBuyWorld. The book is available at a discounted price and will be shipped to you usually within 2 to 3 business days.
The Legacy of Greed attempts at understanding the mortgage crisis-the most devastating of all financial crises since the Great Depression-that afflicted the United States and affected millions of people. The book traces the reasons that led to the crisis, gives a vivid account of the plight of the common people who were shattered by the outcomes of the meltdown, evaluates the efficacy of government remedial measures, and also suggests ways and means to avoid such an impasse in future.
The book is an ideal read for real estate professionals and financial experts who seek to understand how the industry functions and the peculiar interplay of various economic and social forces that have led to this meltdown. This book will also help them identify the early warning signs that precede such a financial crisis. Educators will find Legacy an apt learning aid-one that will drive home the importance of adhering to mortgage obligations. After all, lack of financial knowledge too has been held to be at the root of the meltdown crisis.
But most importantly, this book will benefit the hoi polloi who are still reeling under a USD 40,000 debt burden (Source: Data360.org). They badly needed someone to explain, in their own language, how they landed in this situation and recommend measures to avoid the pitfalls that lead to such widespread crisis. The Legacy will not only help them come to terms with their precarious situation but also suggest ways to improve their financial standing.
Author Kenneth Clark is a well-known name in the world of real estate investment. He made his foray in this volatile world at the age of 21. Since then, he has accumulated over 30 years of experience in running his own mortgage banking company. Under him, his business flourished from a mere start-up operation to become a firm that is listed in 44 states and churns out more than USD 1 billion every year in American mortgages. He works in close collaboration with the FHA, Fannie Mae, Ginnie Mae, and mortgage investment firms to help borrowers avoid foreclosures and homeowners retain possession of their hearths.
The Legacy of Greed is an enlightening discourse on the housing and mortgage crisis. It is enriched by the knowledge, wisdom, and experience of a real estate investment expert and a financial wizard. But the book has been penned down in an easy-to-understand language. Here lies the appeal of the book!