Ep. 157 | More Signs There Is no Housing Bubble
SUMMARY: Mortgage delinquencies hit a 23-year low, most of the credit scores of mortgage borrowers in Q1 were above 760, and the work from home revolution is wreaking havoc on Miami and...
Credit Scores Do Not Predict Actual Default Risk
“The FHFA paper reviewed 200 million mortgages issued from 1990 through 2019, estimating a “stressed default rate” for each one. That estimate determined what each loan’s risk of default would have...
Why It’s Smart To Keep Standards High
With home prices skyrocketing everyone is convinced the next housing crash is upon us. However, as I have written many times, there are substantial differences between 2021 and 2008. Occupancy levels...
