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Fed President wants housing bubble

Started by 35yrs_RE_25_in_REO
almost 9 years ago
Posts: 9
Member since: Apr 2016
Discussion about
http://www.zerohedge.com/news/2017-01-17/dudley-housing
Response by CCL3
almost 9 years ago
Posts: 430
Member since: Jul 2014

Well to fuel a housing bubble you'd need looser standards on original mortgages, not just HELOs for existing homeowners, right? Either way, it sounds like a bad idea of course. Are there banks that will give out HELOs with no specified use of the funds (i.e. home reno?)

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