The Changing Mortgage Landscape
Tags: Business Information, Government, Customer Acquisition
An in-depth analysis of the mortgage boom and bust as illustrated by consumer mortgage credit supply and demand.
In order to gain a new perspective on the mortgage market crisis and the current state of mortgage lending, Experian analyzed the levels of supply and demand of consumer mortgage credit prior to and after the market meltdown. Although the data confirms the notion that the meltdown was caused largely by an appetite both from and for consumers with weaker credit, there are nuances by credit risk segment worth understanding.