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Is the Dallas Fed right to label this a housing bubble?

Housing Wire

We aren’t anywhere close to the housing bubble dynamics we had from 2002 to 2008; that environment is simply impossible to replicate. I’m going to take their talking points and explain in detail why this isn’t the housing bubble of 2002-2005. “ Let me explain. Our evidence points to abnormal U.S.

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Homestar names Gurp Bhandal EVP of national production

Housing Wire

The new division executives include Gus Lobo who joined the company since its inception in 2002 and now leads 200 employees, including 136 MLOs across 37 branch locations and also focus on recruitment and training. The company was established in 2002 in Georgia. It currently operates in 31 states across more than 105 branches.

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CFPB fair lending head to depart for Fannie Mae

Housing Wire

She previously served at Fannie Mae in multiple roles from 1997 to 2009, including stints as director of the offices of corporate justice, corporate justice and employment practices, and human resources at different points between 1997 and 2002.

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What will housing credit look like in next recession?

Housing Wire

today and why they’re so different than the period of 2002-2008. However, the current housing market is much different than the credit boom-and-bust cycle of 2002-2008, and it’s vital to understand why. How can we be sure not to make the same mistake that millions of people made by calling for housing to crash in 2020 and 2021?

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Is the housing market really 20% overbuilt?

Housing Wire

First, purchase applications in the data should be skyrocketing as they did during the 2002-2005 ill-considered, home-buying extravaganza. If the housing market was in the grips of some mass hysteria of irrational purchasing, we would expect to see certain hallmarks in the data.

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This is not 2008 all over again for the housing market

Housing Wire

From 2002 to 2005 we experienced a credit boom due to the rapid increase in borrowing for speculation purchases. There are several important reasons why the market today is materially different then the bubble-forming market of 2005. Speculation demand.

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When will we see the next housing recession?

Housing Wire

This was the case for housing during the lead-up to the bubble years as housing data went criminally insane in the years 2002-2005. Each economic sector behaves differently in a recession; typically, the industry with the most leverage on growth gets hit the hardest.