Viewpoint: Lax requirements for house equity personal lines of credit echo bubble-era madness
Viewpoint: Lax requirements for house equity personal lines of credit echo bubble-era madness Remember, however, that HELOCs had been shoveled away to almost any homeowner throughout the housing bubble during the early 2000s. Whenever house costs rejected, HELOCs exacerbated the housing collapse that then then followed. Because an incredible number of brand new HELOCs have …
