Getting ease and you will simple interpretation, i split up the newest shipments from DTI ratios into three containers: DTIs lower than or equivalent to thirty six, DTIs between thirty six and you may 43, and you can DTIs higher than otherwise equivalent to 43. I think about four collectively exclusive mortgage vintages: 200003 mortgage originations, and therefore payday loan Colorado Springs match brand new pre-increase period; 200407 originations, which include new boom several months; 200811 originations, including new overall economy period; and 2012fifteen originations, and that correspond to the newest healing several months.

The connection is much more noticable on the growth and you may crisis symptoms, that have been characterized by rather large non-payments compared to the fresh new pre-boom and you can recuperation attacks. Weiterlesen