Beth Haiken
Beth Haiken
borrowers concerned credit cycle easily five fully three understand
We're concerned for borrowers because they may not fully understand what may happen. In three or five years, we may be in a different credit cycle and they may not be able to refinance as easily as they expected.
appreciation decline far gets home likely
When (home-price) appreciation gets too far away from income, you are more likely to see a decline in home prices.
gets risk tends
When one or more of those gets out of balance, that's when risk tends to go up.