The "Home ATM" Mostly Closed in Q3

Today, in the Calculated Risk Real Estate Newsletter: The "Home ATM" Mostly Closed in Q3 A brief excerpt: During the housing bubble, many homeowners borrowed heavily against their perceived home equity - jokingly calling it the “Home ATM” - and this contributed to the subsequent housing bust, since so many homeowners had negative equity in their homes when house prices declined. ... Here is the…