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Reuters

BofA 'Comfortable' Bank Can Absorb Home-Equity Losses
BusinessWeek
Moynihan, 50, said the bank held $43 billion of home-equity loans in which the debt exceeds the property's value; of those borrowers, more than 80 percent ...
Bank of America (NYSE:BAC) Not Concerned Over Home Equity LossesAmerican Banking News
Home Loan: BofA Home Loans InformationBatchBuzz (satire)
Time for BofA's Moynihan to Walk the Walk?New York Times (blog)

all 50 news articles »


Washington Post

Foreclosures Level Off And Home Equity Lending Poised For Modest Growth
Portfolio.com (blog)
Some experts believe that the market for home equity loans, which collapsed along with the housing bubble, is poised for modest growth as well. ...
Reports show foreclosures still climbingTeton Valley News
RPT-US foreclosures drop 2nd straight month in Feb-RealtyTracReuters
Foreclosure filings drop for the 2nd consecutive monthThe Money Times

all 578 news articles »


Home Equity Lending That Fueled Consumer Spending to Recover
BusinessWeek
As borrowers like Hale tap into the value of their properties, lenders will make about $36 billion in new home equity loans in the next 12 months, ...

and more »



Bankrate.com

Interest Rate Roundup home equity
Bankrate.com
The average home equity line of credit, or HELOC, remained at 5.76 percent. To find the best home equity loan rates in your area, check Bankrate's ...
Interest Rate Roundup auto ratesBankrate.com

all 4 news articles »


BigNews.biz (press release)

Credit Card Debt Relief Programs More Effective Than Ever
Earthtimes (press release)
Other credit card debt relief options of the past such as home equity loans were and are a gamble because if a consumer were unable to make their home ...
Small Business Credit Card Debt Consolidation LoansAlterNet (blog)
Debt Settlement or Endanger Your Home?BatchBuzz (satire)

all 95 news articles »


Wall Street Pit (blog)

Banks Pressed on Second Mortgages
Wall Street Journal
A Wells spokeswoman said the bank is helping "as many customers as we can find options to help pay their home equity loans." A JP Morgan spokesman declined ...
Congressman Calls for Second Lien Write-DownsDSNews.com
Private Sector to Government: Don't Lean on MeMinyanville.com
Stress tests underwaterEconomist (blog)
Wall Street Journal
all 27 news articles »


Wells Fargo Customers Save 100000 Trees Through Online Statements and Envelope ...
MarketWatch (press release)
Use a Wells Fargo Home Equity Line of Credit to finance energy efficient home improvements to an existing home. -- Homebuyers can use the Purchase ...

and more »


Memo to Obama: Consumers Need a New Deal
AllBusiness
During the real estate boom, between 2000 and 2005, consumers spent roughly $113 billion a year on everything from home equity loans to purchases such as ...



Debt Consolidation Loans to Get a Boost From Falling Home Prices?
Loans and Credit
People who lost their jobs could no longer take out home equity loans to cover their expenses. They instead had to rely on credit cards for their weekly ...


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