Here Come the HELOCs: Mortgages, Housing-Debt-to-Income-Ratio, Serious Delinquencies, and
Banks are mostly off the hook this time; risks were shifted to taxpayers and investors.
By Wolf Richter for WOLF STREET.
Mortgage balances rose by $137 billion (+1.1%) in Q3 from Q2, and by $482 billion (+3.8%) year-over-year, to…