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Tag Archives: Sam Khater

Tackling the Unknown

How will the housing market adjust to the factors that have been responsible for its subdued growth over the last quarter? Here’s what a Freddie Mac report projected.

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Economist: Leverage Plays Major Role in Driving Foreclosures

With the nation's homeownership rates similar to those of 50 years ago, the foreclosure rate is significantly higher compared to the early 1960s. The main reason for the increase in foreclosure risk while the homeownership rate remains little changed is leverage, according to CoreLogic chief economist Sam Khater. The economist noted that leverage remains unaddressed by those responsible for initiating housing policy, and he recommended in his study that they may want to consider the ability to manage leverage in order to obtain financial stability in the residential housing market.

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