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Home equity loans burgeon as homeowners cash in on the real estate boom of the 1980s. (Special Report: Banks & Finance )
Home equity loans burgeon as homeowners cash in on the real estate boom of the 1980s Home equity loans, which allow borrowers to capitalize on the escalated real estate prices of the 1980s, are becoming increasingly popular both in the Southland and across the nation as the real estate industry

Publication: Los Angeles Business Journal

HOME EQUITY LOANS THEIR POPULARITY IS WANING AND DELIQUENCY RATES ARE ON THE RISE
Home equity loans are old hat to Shep Brown. He borrowed against the value of his Weston house five or six years ago for investment money, and tapped the well again last month. "It's the easier way to go," he said from his South Boston import and distribution business last week. "It's attractive

Publication: The Boston Globe

Home equity loans getting a second look
Home equity loans, one of the last large tax deductions available to homeowners, are coming under attack from some Congressmen who are skeptical about how the loans are being used. Congress is studying a bill that would effectively close one major loophole, which lenders are aggressively using to

Publication: The Boston Globe

Loans from your home: recent criticism aside, home equity loans are still the cheapest way to borrow money. (News You Can Use)
If recent headlines are to be believed, home equity loans are the 1990s' equivalent of junk bonds. Newspaper reports have lambasted them for luring consumers into hocking their homes for luxury vacations and expensive cars and breaking their retirement nest eggs into a scramble of heavy debts. New

Publication: U.S. News & World Report

The lure of home equity loans Their jump in popularity may spell trouble for some borrowers - and banks
Home equity loans have been celebrated for allowing people to send their kids to college, open their own businesses, buy a Maine beach cottage or even pay off other debts. But the exploding popularity of this source of money for house-rich, cash-poor homeowners has created a balloon of debt that

Publication: The Boston Globe

Technology Helps Fuel 28% Increase In Home Equity Loans At Navy Fed.(Navy Federal Credit Union)
VIENNA, Va. -- Navy Federal is expecting to close $2.3 billion in home equity loans this year, 28% more than last year. Rising rates for first mortgages are helping to fuel the increase. If the forecast is on target, equity loans will nearly triple the $823 million in lending during 2003, said

Publication: Credit Union Journal