Monthly Archives: August 2018

Are Lending Standards Propping Up Home Prices?

Are Lending Standards Propping Up Home Prices? Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rate mortgages are developments of particular concern…some households may... Read More