Why Bernanke Cannot Refinance His Home

The video discusses Ben Bernanke's attempt to refinance his mortgage despite having a high income from speeches and a book contract. It highlights the challenges he faced due to the lack of steady income, as evaluated by computer systems. The video also explores potential reasons for his refinancing attempt, such as testing the banking system or adjusting mortgage terms. Additionally, it touches on the broader implications for the housing market and the difficulties in obtaining loans post-crisis.

How did the computer evaluate the man's credit risk during the refinancing process?

What implications does the current housing market have on refinancing according to the discussion?