Too Much Debt (Coping With Bidenflation) And The Downside Of Federal Housing Policies (No Title Searches On Federally-insured Mortgages)

confoundedinterest17 #bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Agency MBS, Bank of England, Bank of Japan, Banking, Bernanke, CMBS, CRE, Credit, Currency, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, New Home Sales, Oil, Pension, Powell, PPI, REITs, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Wages, Yellen, Yield Curve March 16, 2024March 16, 2024 1 Minute

Households have too much debt, thanks to trying to cope with Bidenomics and Bidenflation.

And much of the debt burden falls on the middle class.

Serious auto delinquencies are on the rise.

And lowest earners saw the biggest increase in credit card delinquenices.

And who voters prefer as of today? Trump on interest rates and personal debt.

In addition to the absurd idea of removing title searches for government-guaranteed mortgages (now rely on attorney opinions), the Biden Administration is considering a homebuyer tax credit … that likely won’t help much.

And if you want to see which lenders have the largest concentrations of commercial real estate (CRE) loans, BankOZK takes the cake as the most concentrated lender.