Federal government has dramatically expanded exposure to risky mortgages – The Washington Post

Federal government has dramatically expanded exposure to risky mortgages – The Washington Post

They’re back. Risky mortgages return.

I’m surprised 10 years after crisis a better measure than debt to income ratio hasn’t emerged. Residual income should be considered as preferred measure of mortgage risk.

https://www.washingtonpost.com/business/economy/federal-government-has-dramatically-expanded-exposure-to-risky-mortgages/2019/10/02/d862ab40-ce79-11e9-87fa-8501a456c003_story.html

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