Volume 2014 - Number 20
September 26, 2014
Downloads Available: Top Banks & Thrifts in Total HEL Business - 2Q14
HEL Performance Steady But HELOCs a Concern
The performance of home-equity loans held by banks and thrifts remains strong but concerns have been raised about home-equity lines of credit originated before the financial crisis. Banks and thrifts reported $998.63 billion in total home-equity business at the end of the second quarter of 2014, including retained HELOCs and closed-end seconds, and unused HELOC commitments, according to the Inside Mortgage Finance Bank Mortgage Database. Total HEL business declined ... [Includes one data chart]
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