credit crunch

With all that is going on in the credit markets, does anyone think it will extend into HELOCs as well? Could that kind of credit either become more difficult to get or disappear altogether? Would it be legal for banks to roll back lines of credit?

Reply to
Ashley
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ONe of the largest lenders has already stopped writing them because they cannot be sold in secondary.....As far as rolling back, it's a grey area.....

Reply to
Frank Rizzo

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