INFOGRAPHIC: Who's looking out for homebuyers?

Article Highlights

  • US residential mortgage debt totals $11 trillion.

    Tweet This

  • The mortgage industry is the largest debt market after US treasuries.

    Tweet This

  • Since 2007, about 8 million American households have lost their homes & 10 million no longer have any equity.

    Tweet This

Bad habits are hard to break. As America climbs out of recession fueled by the 2007 housing market collapse, government-sponsored agencies are up to their old tricks, lending out billions of dollars for risky home mortgage loans.

 

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Edward J.
Pinto

 

Stephen D.
Oliner

What's new on AEI

How the Common Core went wrong
image Election countdown: The mood, measurements, and mechanics
image Rubio's defense speech: Fearless, informed, and refreshing
image Sorry Kerry, there is little role for Iran in fighting ISIS
AEI on Facebook
Events Calendar
  • 22
    MON
  • 23
    TUE
  • 24
    WED
  • 25
    THU
  • 26
    FRI
Monday, September 22, 2014 | 2:30 p.m. – 4:00 p.m.
Policy implications of the new US labor market normal

We welcome you to join us as a panel of economists discuss US wage and price prospects in the coming months and the implications for the Federal Reserve’s current unorthodox monetary policy.

Event Registration is Closed
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.