In this in-depth discussion, host Andy and guest Melody Wright fromhttps://substack.com/@m3melodydive into the troubling signs of a looming housing market crisis. Reflecting on patterns reminiscent of the 2007 financial crisis, they explore the complex dynamics of mortgage delinquencies, the role of government-sponsored enterprises like Fannie Mae and Freddie Mac, and the impact of risky lending practices. They also cover the rise of non-banks in the mortgage market, the influence of COVID-19 on housing affordability, and the controversial FHA loan modification programs. This episode provides critical insights into how these factors contribute to the current real estate landscape, from inflated home prices to the challenges faced by first-time homebuyers, and why history may be on the verge of repeating itself. Don’t miss this essential episode if you want to understand the forces shaping today’s housing market crisis.
For more information about Melody Wright: https://substack.com/@m3melody On X: @m3_melody Please visit us at: https://naturalresourcestocks.net/ Apple Podcasts: https://podcasts.apple.com/us/podcast/natural-resource-stocks/id1689449174 Spotfiy: https://open.spotify.com/show/0BJGmP8oztWBdsquqeELLh Follow us on X: https://x.com/theandymillette
