National mortgage fraud on the rise; 2Q/18

fraud

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National new home starts and permits for August, 2018

https://www.census.gov/construction/nrc/pdf/newresconst.pdf

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TMLS market update for August, 2018

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Freddie and Fannie post recession; cash cows for the US taxpayer!!

Fannie

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TMLS Market Update for July; 2018

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National residential new home sales for July, 2018

https://www.census.gov/construction/nrs/pdf/newressales.pdf

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Household debt metrics

Debt Dilemma

Total household debt first peaked in 08Q3 at $12.68 trillion, 85.5% of GDP. $9.99 trillion was housing debt, $2.69 trillion non-housing debt. Household debt then declined steadily, bottoming in 13Q2 at $11.15 trillion, or 67% of GDP; $8.38 was housing debt and $2.77 non-housing debt. Household debt has since steadily risen and is a record $13.29 trillion, 65.1% of GDP. $9.43 is housing debt, less than in 08Q3; $3.86 non-housing.

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Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
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http://www.econ70.com

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