Dive Brief:

• A survey of mortgage bankers, done for FICO, a software company that sells analytics and decision-management applications, reported that 56% of those surveyed think the U.S. is in a housing bubble that is getting bigger.
• The software company hired the Professional Risk Managers' International Association to do the survey, though it did not report how many respondents were included.
• FICO's research chief, Andrew Jennings, said the U.S. has a "bifurcated" housing market in which 6 million homeowners are an average 33% under water on their loans, but total home equity has risen to its highest since late 2007.

Dive Insight:

Housing concerns seem to be in the context of a larger problem of growing indebtedness, they survey found. Rising consumer confidence is being backed by credit, not cash.