Tag: Home equity loan
The Relationship between Second Liens, First Mortgage Outcomes, and Borrower Credit
To help inform the ongoing policy debate concerning the risks associated with second mortgages, the paper rigorously evaluates the effect of second liens on...
Bubble-Era Home Equity Loans Are Set to Bite Borrowers
Some 2.5 million homeowners may soon face a shock: The home equity loans they took out a decade ago, in the credit-flush run-up to...
Banks Eye Return of RMBS Home Equity Loans
Banks are mulling ways to securitize US home equity lines of credit - popular loans that suffered in the financial crisis but are coming...
LPS’ August Mortgage Monitor: Interest Rate Hikes Shrinking ‘Refinancible’ Population
The August Mortgage Monitor report released by Lender Processing Services (NYSE: LPS) found that prepayment activity (historically a good indicator of mortgage refinance activity)...