The Great Housing Boom and Bust: Lessons Relearned was a presentation made at last week’s Eastern Secondary Mortgage Conference sponsored by the Florida Mortgage bankers Association.

Below are three slides from The Great Housing Boom and Bust: Lessons Relearned.  The take-aways include:

1. Real estate leverage (both nominal and intrinsic) are at historically high levels.
2. The National Mortgage Risk Index remains at a higher level than is conducive to long-run market stability.

To learn more visit the AEI International Center on Housing Risk.