Lenders Rethink Home-Equity Loans

Story date: 2008-01-15 07:22:00
Added on: 2008-01-15 21:01:00

Wall Street Journal - Rising delinquencies and falling home prices are putting home-equity lenders and borrowers in a tightening bind. As home values continue to sink, mortgage companies are increasingly walking away from delinquent home-equity loans rather than pushing ...


Read more...

Related Stories:

• Falling home prices may leave many with negative equity

  24-7PressRelease.com - With falling home prices, many first time buyers who took 100 per cent mortgage are at the risk of having...
  2007-11-05 12:00:00

• Home prices falling faster, Case-Shiller says

  Marketwatch - Falling prices make it more difficult for homeowners to tap their home equity or refinance their mortgages. Millions of homeowners...
  2007-09-25 01:09:00

• Home prices falling faster in August: Case-Shiller

  Marketwatch - Falling prices make it more difficult for homeowners to tap their home equity or refinance their mortgages. Millions of homeowners...
  2007-10-30 06:30:00

• ECONOMIC REPORT: Home Prices Falling Faster, Case-Shiller Says

  Beurs.nl - Falling prices make it more difficult for homeowners to tap their home equity or refinance their mortgages. Millions of homeowners...
  2007-09-25 10:27:00

• Banks rein in home equity (The Record)

  Large lenders such as Bank of America, Countrywide Financial and J.P. Morgan Chase & Co. have withdrawn home-equity lines of credit they...
  2008-05-15 06:36:42

• No home equity crisis here (The Buffalo News)

  Credit crisis? What crisis? Major lenders nationwide are drastically scaling back home equity lending, as falling home prices and rising mortgage losses...
  2008-07-13 04:09:33

• Crisis shifts to regional lenders - Financial Times

  Home equity loans are rapidly emerging as the next front of the credit crunch, as falling house prices and lax underwriting lead...
  2008-06-08 03:28:00

• Lenders limit home equity lines (San Jose Mercury News)

  LENDERS LIMIT HOME EQUITY LINES Some of the nation's biggest mortgage lenders have recently told some customers with home equity lines of...
  2008-02-12 06:26:17