You really can't have a situation where something as basic as home prices gets that far away from economic fundamentals for that long a period of time. It's just not sustainable.

231

Milwaukee has been a pretty steady market, where appreciation has moved pretty close to income. Risk is concentrated on the coasts.

155

There's no scheduled return date.

143

We're concerned for borrowers because they may not fully understand what may happen. In three or five years, we may be in a different credit cycle and they may not be able to refinance as easily as they expected.

125

When (home-price) appreciation gets too far away from income, you are more likely to see a decline in home prices.

76

When one or more of those gets out of balance, that's when risk tends to go up.

23