Will the GSEs Repeat 2007 - 2009’s Large Losses?
The Stoop (NYU Furman Center)
NOVEMBER 7, 2022
Specifically, prices reached their pre-2008 peak in 2016 Q2 2 and then kept on rising at a strong pace 3 , with many analysts pointing to the shortage of new construction (both single and multi-family) as the major causal reason. percent of their book with a CLTV of 80-90 percent, with almost all of it (4.2 They only have 4.4
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