HELOC Repossession : Why You Should Protect Your "Insurance Policy"

As home values stagnate around the country, mortgage lenders are actively trimming their exposure to home equity. Until recently, they've done it one of two ways: They eliminated no downpayment loans (except in rare circumstances) They capped second mortgages (i.e....

Read the full post at http://www.themortgagereports.com

Read More...

[Source: The Mortgage Reports Blog]