mortgage default

Can A Bubble Boil With All The Toil But Not The Trouble? 

A Chart image Source: Bloomberg There’s one very big difference between then and now, though: Mortgage loans are much harder to get. An index of mortgage credit availability reached almost 870 in June 2006. This March it was just 125. Lenders have raised lending standards even beyond the requirements of the Dodd-Frank Act of 2010, […]