Sentences with phrase «credit after the housing crisis»

Pushback against overly tight credit after the housing crisis, a shrunken proportion of first - time buyers and worry about affordability as home values rose led to some tweaks to guidelines that could ease financing pressures for homebuyers this year.

Not exact matches

After a slow and steady recovery following the housing crisis of 2008, Leibowitz explains that American consumers generally had fewer problems with their mortgages, better employment prospects, and greater access to credit, which made them less likely to file.

As the financial crisis waned and the emergency lending programs were wound down, the Fed chairman faced a new challenge: A recovery hobbled by tight credit, a lackluster housing market and financial turmoil in Europe that left the unemployment rate at 9.1 percent two years after the expansion began.

In these hard economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland people, and British Columbians who lived free of financial crisis until now, find themselves facing the shame of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.

Easy availability of credit in the US, fueled by large inflows of foreign funds after the Russian debt crisis and Asian financial crisis of the 1997 — 1998 period, led to a housing construction boom and facilitated debt - financed consumer spending.

The Obama Administration began a series of refinance lending products in 2009 after the credit crisis and housing crisis of 2008 and afterwards.

After the credit crisis, U.S. housing prices fell precipitously to 80 % of the 1990 level.

Seven years have passed since foreclosures peaked in 2010, meaning 1.9 million homeowners who faced owner - occupied foreclosures between the start of the housing crisis in 2007 through 2010 will have met the seven - year period after which the Fair Credit Reporting Act requires derogatory information to be removed.