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RT @wdoerner: If mortgage credit losses rise as house prices go above long-term trends, when & to what extent might they fall? We design a…
RT @wdoerner: If mortgage credit losses rise as house prices go above long-term trends, when & to what extent might they fall? We design a…
If mortgage credit losses rise as house prices go above long-term trends, when & to what extent might they fall? We design a dynamic trough that's leading indicator of severity of downturns & allows estimates to recover as mkts return to baselines.
We're excited to receive an award for best paper in house price cycles! #ares #fhfa https://t.co/DUzj8QF2cN https://t.co/m1IrLalfTB