Banks tighten lending to nervous homeowners hoping to tap equity


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


JPMorgan shifts scores of workers to mortgages to handle boom


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


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


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


Household debt hits new high as low rates boost mortgage demand


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.


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


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.


BBVA, Prosper partner on digital home equity lines of credit


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.


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


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.


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


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.


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


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


Will home equity lending ever recover?


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.