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Real Estate & Property Law

: The Home Equity Theft Reporter

HELOC Freeze Puts Squeeze On Family's College Tuition Plans

By r morris

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In Algonquin, Illinois, the Chicago Sun Times reports: Jim and Cindy Ranallo are determined to give their two sons one thing they don't have: a four-year college degree. But the home equity line of credit they were relying on to get both boys through school was unexpectedly frozen by JPMorgan Chase weeks before their elder son's recent tuition payment was due.***The Ranallos' situation is a

Full post as published by The Home Equity Theft Reporter on January 02, 2009 (boomark / email).

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