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Loan Modification

: Loan Modification & Home Loan News

Foreclosure Crisis: Home Equity Loan Time Bomb

By Moe Bedard

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Image by Getty Images via @daylife “Home equity will lag because home equity, by its nature, we find lags the underlying prime and the underlying real estate and lags more than most other things,” JPMorgan CEO Jamie Dimon explained in an earnings call last week. “We try to account for that in our reserving.” There’s [...]

Full post as published by Loan Modification & Home Loan News on October 19, 2010 (boomark / email).

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