HELOCs

Banks tighten lending to nervous homeowners hoping to tap equity

04/02/20

The worsening economy brought on by the coronavirus pandemic has big banks rethinking who they will lend to.

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JPMorgan shifts scores of workers to mortgages to handle boom

02/28/20

Demand for home loans has been strong in recent months and is expected to increase coronavirus fears push rates lower.

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Mike Cagney's new firm says it's giving banks 'a compelling reason' to use blockchain

12/13/19

The SoFi co-founder said Figure Technologies is working with national banks to employ its distributed ledger tech for loan originations.

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Household debt hits new high as low rates boost mortgage demand

11/13/19

Home loan originations rose by double digits in the third quarter while auto loan originations approached an all-time high, according to new household credit data from the New York Fed.

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Year's 2nd-biggest merger, bank failures, small-bank layoffs: Top stories of the week

11/08/19

First Horizon, Iberiabank in year's second-biggest bank merger; bank failure in New Jersey is nation's third in a week; smaller banks take a turn swinging the ax; and more from this week's most-read stories.

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BBVA, Prosper partner on digital home equity lines of credit

11/04/19

Prosper hopes to do for lines of credit what it did for unsecured personal loans, while BBVA hopes to provide a better experience for customers.

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Burned in 2008, Americans are refusing to tap their home equity

10/28/19

The once-popular loan Americans use to finance home renovations and college tuition is slowly dying, slashing a lucrative source of revenue for the nation's largest banks.

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Don’t look now, but home equity delinquencies are rising

07/10/19

Past due home equity loans and credit lines rose while most other consumer lending categories held steady or improved, according to new data from the ABA. Why it happened is a bit of a mystery.

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Will lower rates bring tougher regulation?; HELOC-backeds return

06/25/19

Dallas Fed chief says lower interest rates may require stricter rules to ward off riskier lending; after financial crisis, debt backed by HELOCs disappeared.

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Will home equity lending ever recover?

06/07/19

It’s the one consumer loan category where balances continue to fall, and disruption from nimbler fintechs is a big reason why. To win back market share, banks will need to beat the upstarts at their own game.

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