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October 3, 2014

Okay, Home Equity Lending is on the Rise Again – But So Are the Risks

By Thomas Ressler

For those lenders originating HELOCs, they will have more failed loans on their hands – that is, if the theory is proved true.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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