Volume 2014 - Number 24
June 19, 2014
Downloads Available: Home-Equity Lending Activity - 1Q14
Downloads Available: Top Depository Institutions in Total HEL Business - 1Q14
Downloads Available: Top HEL Originators - 1Q14
Home-Equity Lending Slowed in Early 2014 For Most; Portfolios Continued to Dwindle
Home-equity lending fell off sharply during the first quarter of 2014, but the sector may be poised for a rebound in the months ahead. Home-equity originations totaled an estimated $13 billion during the first three months of this year, down 18.8 percent from the previous quarter. That was up 8.3 percent from the first quarter of 2013, and a handful of lenders reported increased home-equity activity in early 2014. Most closed-end seconds and home-equity lines of credit are retained...[Includes three data charts]
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