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Real Estate & Property Law

: Housing Wire

Equifax: HELOC Origination Down 36%

By AUSTIN KILGORE

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Origination of new home equity lines of credit (HELOC) accounts is down 36% from year-ago levels, Equifax (EFX: 31.20 -0.51%) said. There were 75,600 HELOC accounts originated in September 2009, down from 117,800 in September 2008, according to the Atlanta-based credit bureau?s most recent monthly credit trend report, derived from Equifax’s nearly 200m US consumer credit [...]

Full post as published by Housing Wire on December 23, 2009 (boomark / email).

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SunTrust HELOC Loan Termination
SunTrust HELOC allegedly violated clients contracts by decreasing, freezing, or terminating HELOC loans.

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