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?
credit crunch
Aug 13, 2007
1 Replies
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.....
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