WHERE THE CREDIT IS The utter transformation of US finance, told in one chart
This Federal Reserve Bank of New York data elegantly explicates the last decade of American economic life. The lax lending standards of the housing mania sent the number of US home mortgages up to nearly 100 million in early 2008. More recently the lax ...
Consumer Debt Declines; Auto Loans Rising to 8-Year High
Mortgage drop prompts lower consumer debt