Outlook for mortgages remains poor

The credit crisis related to mortgages will likely continue into 2010 and 2011, according to Yves Smith, author of the popular blog Naked Capitalism. Smith has spent more than 25 years in the financial services industry and currently heads Aurora Advisors, a New York-based management consulting firm specializing in corporate finance advisory and financial services.

More videos on Inman.com featuring Smith:

• The Housing Debate: Bull vs. Bear (Premium Member Content only)

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