where people wake up one day and get told the house they bought for $500K is now worth $350K , simply because that's all they will loan on it, (and then the people who were robbed by the banking system get told on Faux Neuz it was just a natural market shift ......LOL (but not really funny)
it usually happens after every major socialist ratchet up ( Carter, Obama, Clinton etc)
“Does this mean they are getting ready to “Pop the Bubble” or “kill the fattened cattle” again like they do on a regular basis”
No, it means we (I’m a private mortgage lender) are working to AVOID that situation by not making risky loans as we enter a weaker economic period.