Mortgage Equity Withdrawal (MEW)

Forbes  Jun 15  Comment 
With the recent news of the Poké Ball Plus controller for the Switch coming packaged with Mew for Pokémon: Let’s Go, it seems that this will come with a catch for Pokémon GO users.
Forbes  Jun 13  Comment 
Following the big reveal a few weeks back, we knew that Nintendo had more surprises in store for the new Poké Ball Plus controller for 'Pokémon: Let’s Go'. Well, now we know the controller will come with the Mythical Pokémon Mew for the game.
TechCrunch  Apr 24  Comment 
There is concern, tears and lost money in the world of crypto once again after MyEtherWallet (MEW), one of the most popular wallets on the internet, was hit by a DNS hack that saw some users lose their cryptocurrency. MEW said in a statement that...
TechCrunch  Feb 9  Comment 
 There’s controversy in the crypto community after one of the founders of a prominent wallet service for storing and sending cryptocurrencies abruptly announced a rival venture. Taylor Monahan, who start (MEW) with Kosala...
Forbes  Jul 17  Comment 
Gotta catch 'em all. Not most, mind you. All. As more and more players move into the Pokémon GO endgame, there's a question that's going to keep coming up. Our monsters are high enough to fight at gyms and our Pokédexes are filling up, but...
Cellular News  Jun 9  Comment 
Cable and Wireless Communications (CWC) has named Perley McBride as its mew Chief Financial Officer. Click here for more.
Clusterstock  Mar 10  Comment 
The following data is calculated from the Fed's Flow of Funds data (released last week) and the BEA supplement data on single family structure investment. This is an aggregate number, and is a combination of homeowners extracting equity - hence...  Feb 24  Comment 
Visit at for the full story.
The Economic Times  Dec 18  Comment 
"Outlook on Kalindee Rail to depend on mew govt's policies."  Dec 10  Comment 
Visit at for the full story.


Mortgage Equity Withdrawals, also referred to as Home Equity Extraction, measures the value that homeowners are pulling out of their homes via home equity loans. Homeowners with equity in their homes - IE, whose homes are worth more than they owe in mortgages - are sometimes able to get additional loans from the bank using their equity in the home as collateral. This reduces the homeowner's equity (or ownership in the property), but increases his or her available cash. From 2000-2006, the cash homeowners removed from their homes was an increasingly important component of GDP (see chart below right). However, as housing prices began to slow their ascent, MEWs dropped precipitously in late 2007 and early 2008.

Error creating thumbnail
Chart prepared by on using methodology originally developed by Alan Greenspan and James Kennedy at the Federal Reserve show what a critical part of GDP growth mortgage equity withdrawals were from 2000 - 2006.
Error creating thumbnail
Chart prepared by Alan Greenspan and James Kennedy at the Federal Reserve in 2005 shows the dramatic increase in mortgage equity withdrawals from 2000 - 2005....
Error creating thumbnail
....which then drop after 2005 with the softening real estate market (source: Jim Kennedy at the Federal Reserve, update via

Economists track mortgage equity withdrawals because the cash homeowners extract from their homes was believed to be an important driver of consumer spending and consumer confidence from 2001 - 2008.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki