Morning Scan: World Economic Forum Endorses Blockchain; Late Heloc P...

Wall Street Journal

Another mortgage bill comes due: More homeowners are missing payments on the home equity lines of credit they took out 10 years ago as the lines reset to include principal payments, not just interest. That can lead to a huge payment shock totaling hundreds of dollars a month for which many homeowners find they aren't prepared. The 30-day delinquency rate on Heloc balances that were originated in early 2006 jumped to 4.4% from...