US Housing Financing Has Changed Drastically Since 2008Rupert Hargreaves
US Housing Financing Has Changed Drastically Since 2008
Many areas of the US housing market have changed dramatically since the housing crisis but the starkest changes are in the financing market. Home mortgage financing and trading has completely changed since 2008. Most notable is the drastic decline in debt in the private-label securitization market while the agency mortgage-backed securities market has continued to grow. This trend, as well as other US housing finance developments are explored in the Housing Finance Policy Center’s November 2016 . . .
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