Relevant:
- Lenders Stop Offering Home Equity Loans and Lines of Credit
- As lenders clamp down, credit scores take a hit
- Ruh-Roh: More Homeowners Cashing in on Their New Housing Wealth; Slashing Down Payments
- Illinois Homeowner Sues Chase over HELOC Freeze
- Heloc Payment Jump to Take Bite Out of Consumer Spending
2008-04-13 — blogspot.com
'Reeling from losses on their wretched loan decisions of recent years, lenders are preventing borrowers with pristine credit and significant equity in their homes from tapping into credit lines that they paid dearly to secure.'
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