Sentences with phrase «back during the housing bubble»

Not exact matches

But much like the country's private lenders during the first several years of the present century, Fannie Mae and Freddie Mac's drive to increase profits helped create the housing bubble (thanks to lowered underwriting standards, approvals for subprime borrowers and the bundling of loans into mortgage - backed securities).

During the housing boom the value of homes skyrocketed and then they tumbled back to Earth when the bubble burst.

If people had known during the housing bubble how little in the way of real housing they were getting for their dollar, they would have refused to pay the prices being asked and that refusal would have brought prices back down to reasonable levels.

Back around 2007 during the housing bubble, my mom used her house as collateral and purchased 2 other houses.