Herb Greenburg, a regular commentator on the site Seeking Alpha posted a discussion piece on the mortgage crisis by a mortgage mortgage broker, Mark Hanson with whom he corresponds. Here is my commentary based on my reading of Hanson's argument. The short version is the worst is yet to come, but his detailed analysis is worth checking out for yourself. What follows here are my thoughts after reading Hanson's analysis. At the end I have excerpted Hanson's closing remarks.