...market during the bubble years,” said Mark Fleming, Chief Economist at First American. “Most importantly, today’s housing market is not overvalued. Considering only the nominal level of house prices is...
Read More »Search Results for: bubble
Home Equity is Increasing Even in Unstable Economy
...that the national median home price in 2020 soared 13%. ATTOM's Chief Product Officer Todd Teta says market gains resulted from a "bubble of buyers" who essentially escaped the pandemic’s...
Read More »6 Homebuying-Sentiment Survey Takeaways
...purchasing a home. The Bubble Will Burst The current real estate bubble has grown very big and very round, but 26% of those surveyed expect that bubble to burst in...
Read More »New Administration, Vaccine: What It Means for the Economy
...the debt bubble, the Fed now has no choice but to keep rates low. A reflation trade will finally lead to an end in falling interest rates and commodity prices....
Read More »The Future of Mortgage Banking
...the current environment is the perfect example of this. But the pandemic isn’t the only example. The Great Recession, 9/11, the dot-com bubble are all events that catapulted the market...
Read More »New Home Sales Slide
...bubble in 2005.” Duncan added, “We expect a strong pace of sales to continue into the new year, but a further pullback may still occur over the next couple of...
Read More »Lending Fraud’s Role in the 2008 Financial Crisis
...only fell by 5% where fraud was involved in just 3% of home loans. “Fraud led to massive distortions in the prices of houses,” Griffin said. “The bubble was very...
Read More »The Time for the Next Mortgage Innovation is Now
In some ways, the financial services industry has lived in somewhat of a technological bubble. A fast-moving technology goal line has kept lenders on their toes at the same time...
Read More »Stronger Together
...the last great economic crisis in 2008. During the “State of Housing” panel, Kurt Johnson, Chief Credit Officer at Mr. Cooper, recalled the problems created by Housing Bubble-era underwriting standards...
Read More »Five Star Virtual Conference Explores State of U.S. Homeownership
...loose Housing Bubble-era underwriting standards and praised the Dodd-Frank Act for helping to stabilize the housing market. Steve Bailey, Senior Managing Director and Chief Mortgage Operations Officer at PennyMac Financial...
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