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You searched for: label/equity premia

Rising Mortgage Obligations

CNN/Money reports: On average, homeowners have 56.3 percent equity in their homes, according to Demos, a public-interest research group. In 1973, equity averaged 68.3 percent; in the 1950s, it was…

That’s Reassuring

…One, a St. Louis-based cooperative of 60 mortgage companies that originate home-equity lines, including some that feature 100 percent loan-to-equity ratios. “As long as the bubble doesn’t burst, there should…

Yves

Lifted from comments at Naked Capitalism, September 21, 2013 at 4:33 am Henry Maxey in April 2007. This is frigging amazing work, and by an equity analyst, working at a…

Repairing Macroeconomics

…worse problems. It is possible to understand the effect of home equity on liquidity constraints — people with negative home equity (underwater mortgages) can’t get home equity loans. Unfortunately, the…