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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (68377)8/16/2006 11:30:33 AM
From: CalculatedRisk  Read Replies (2) of 110194
 
First, these are indexes, not the actual number of loans. The index is set so March 1990 = 100.

Conventional loans are non-Government loans (VA and FHA).

What this chart says is the percentage of conventional loans has risen - or, inversely that the percentage of VA and FHA loans has fallen.

I think it's a dumb chart and doesn't provide any useful information.
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