Latest Home Equity Loans News

HomeEquity Lending Starts to Loosen Up
There are some very early signs that it's becoming easier to get approved for home-equity loans and lines of credit. LoanDepot Inc., which began giving out home-equity loans last year, is allowing borrowers with high credit scores to withdraw up to 95 …
Read more on Wall Street Journal (blog)

JMMB Merchant Bank Home Equity Loans Grow by Over 400%
So far, the entity has reported over 400% increase in the number of home equity loans it has disbursed, between January 2013 and March 2016, now boasting a portfolio in excess of J$ 1.65B; which accounts for approximately 13% of the bank's current loan …
Read more on Jamaica Gleaner

Banks Ramp Up Push for HomeEquity Lines
Some lenders exited the home-equity lending market entirely. The renewed appetite for these loans comes as property values continue to rise, increasing the number of homeowners who have equity available for withdrawal. Nationally, homes have regained …
Read more on Wall Street Journal