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U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak
Wall Street Journal, Aug. 13, 2019–Harriet Torry (subscription)
Mortgage balances rose by $162 billion in the second quarter to $9.406 trillion, surpassing the high of $9.294 trillion in the third quarter of 2008, the Federal Reserve Bank of New York said Tuesday.