Volume 2014 - Number 12
March 27, 2014
Downloads Available: Home-Equity Lending Activity - 4Q13
Downloads Available: Top Depository Institutions in Total HEL Business - 4Q13
Downloads Available: Top HEL Originators - 12M2013
Home-Equity Lending Rebounded Strongly In 2013, But Remains Far Below Earlier Highs
Home-equity lending increased sharply last year, hitting its highest level in new originations since 2009, according to a new Inside Mortgage Finance analysis and ranking. Lenders originated an estimated $60.0 billion in home-equity lines of credit and closed-end second mortgages in 2013, up 36.4 percent from the previous year. That still represented only 3.2 percent of total residential mortgage production, but it was the only sector other than jumbo to show a gain from 2012 levels. Despite the improved home-equity originations, the supply of home-equity debt in the market continued...[Includes three data charts]
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