10+ Things to Know About How Mortgages Actually Work

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This quarter for the Family Finance Book Club pick, we read The Big Short by Michael Lewis, giving many of you a front-row seat and eye-opening read about how the mortgage industry nearly collapsed the entirety of Wall Street, taking Main Street down with it… but it also left you with lots of questions. Like, what are all those financial acronyms? How did all those mortgages become bonds? And how do mortgages work, really?


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About Meghan

Meghan spent nearly a decade as a Financial Analyst, before spending the last 7+ as a SAHM to three little ones. She shares simple money tips for moms to help your family reach your financial goals by building a financial plan you can LIVE with! You can learn more about her background in finance, catch her daily on Instagram and Facebook, and her weekly live discussions in her community for Family Finance Moms.

2 Comments

  1. Awesome Finance Books Every Woman Should Read on June 25, 2020 at 2:59 pm

    […] Q2 2020The Big Shortby Michael LewisFFM Book Review:How Do Mortgages Work […]

  2. What Drives the Stock Market? on April 13, 2021 at 7:54 am

    […] negatively impacted the market as a whole. With losses mounting in the financial sector due to spillovers from bad mortgages and even worse derivative bets on bad mortgages, investors looked to generate cash wherever they […]

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