Dimon acknowledged during a Senate hearing on Wednesday that there “is a little bit of a bubble in housing prices.” But, he added, “unlike in ’08 and ’09, when there was tremendous leverage and bad mortgage underwriting, there is not much leverage and much better mortgage underwriting.”His comments came in response to a question from Senator Jon Tester asking if there is a housing bubble. Dimon was the only big bank CEO to outright say there is a bubble, but