HELOCs

Debbie Matz joins RenoFi board of advisors

10/01/20

The former chairman of the National Credit Union Administration will work with the fintech to broaden its reach in the credit union space.

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CFPB proposes rule to facilitate Libor transition for creditors

06/04/20

The Consumer Financial Protection Bureau seeks to address challenged posed by the sunset of the London interbank offered rate at the end of 2021.

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Wells Fargo stops accepting home equity credit line applications

04/30/20

Wells Fargo will temporarily stop accepting applications for home equity lines of credit, following a similar move by rival JPMorgan Chase.

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JPMorgan halts home equity loans due to coronavirus

04/16/20

The nation's largest bank is temporarily reducing its exposure to the mortgage market amid rising unemployment and estimates that home prices could drop by 10%.

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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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