Borrowers Refuse To Pay Billions In Home Equity Loans

Lenders wrote off as uncollectible $11.1 billion in home equity loans and $19.9 billion in lines of credit in 2009.

Topics:  home equity loans   billion   
BING NEWS:
  • Should you use your home's equity before 2025? Experts weigh in
    Property owners have a unique opportunity to borrow against their homes at affordable rates. Whether you take out a home equity loan or use a home equity line of credit (HELOC), interest rates are ...
    11/25/2024 - 1:45 am | View Link
  • Should you use home equity to pay off debt before the holidays? What experts say
    Success with home equity borrowing starts with understanding your finances. Wrenn recommends tracking every expense for at least a month and creating a detailed budget before considering this option.
    11/18/2024 - 1:33 am | View Link
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