Chris discusses the current state of the mortgage market, drawing parallels to the 2008 financial crisis. He highlights the risks associated with government-backed loans, the increasing debt-to-income ratios of borrowers, and the implications of government intervention in preventing foreclosures. Markowski emphasizes the burden on taxpayers and the unsustainable nature of current housing policies, warning that the situation may lead to another crisis. www.watchdogonwallstreet.com