"The Freddie and Fannie portfolios accounted for 56% of all mortgages in Dec 2008, but only 20% of the seriously delinquent loans. So the FHFA index is based on some of the better performing loans. Case-Shiller (to be released next Tuesday) includes these other loans."
http://feedproxy.google.com/~r/CalculatedRisk/~3/nB8uBgW-MpQ/misleading-house-price-data.html
Tuesday, June 23, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment