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Even during the housing bubble they were only normal.
All those measures were aberrationally inflated during the housing bubble.
The shadow banking system went haywire during the housing boom.
(This requirement slipped during the housing boom; see "financial crisis").
Many were found to have occurred during the housing market boom that preceded the credit crunch in 2008 and previously during the housing boom of the 1980s.
Both organizations started raising fee rates in 2008 during the housing crisis, as foreclosure costs rose.
And these were also incredibly common failings during the housing bubble.
Property values rose during the housing boom and dipped during the recession.
"Many subprime loans during the housing bubble were made by nonbank mortgage brokers," he added.
The problem involves second mortgages, which millions of homeowners took out during the housing bubble.
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During the housing-price boom, rental rates sagged.
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