I believe it. They kind of elude to it in the video but when banks are giving out 30 year loans, they tend to prefer steady salaried employment. From what I've heard from people who work as contractors, getting a mortgage is a bitch when you aren't a traditional employee. They make you jump through a bunch of additional loops and they are pretty strict about making sure you provide income history going years back from your business. Bernanke was a traditional employee up until this year so he probably doesn't have a strong history of non-employee income yet. Also, take into consideration that he is 60 years old and according to the video was trying to refinance for 30 years which means he'd be 90 years old before the mortgage is paid off assuming he didn't pay it off early. Now a human being will look at that and say that its fucking Ben Bernanke...he's good for the money. But would an algorithm that doesn't know who the fuck Ben Bernanke is and only sees a 60 year old entrepreneur/independent contractor with no history of business income asking for a 30 year loan? Doubtful.
