As I am sure you have learned by now, the mortgage and banking situation in our country is in dire straights. This amateur cartoon does a good job of explaining what went wrong.

Video: SubPrime Mortgage Mess Explained (with voice)

The reason ACC Mortgage is still in business is because we have focused on the good old fashion tenants of lending: Credit, Collateral, Cash and Character. You will hear us talk a lot about the 4Cs in years to come.