TITLE

CoreLogic: HELOCs Drag Underwater Borrowers Down

AUTHOR(S)
Dymi, Amilda
PUB. DATE
August 2011
SOURCE
Mortgage Servicing News;Aug2011, Vol. 15 Issue 8, p22
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the report from CoreLogic Inc. indicating that only 18% of borrowers with no home equity line of credit (HELOC) were living the owner with more debt on the property than the market value at the end of the first quarter of 2011, compared to 38% of borrowers with a home equity loan in the U.S.
ACCESSION #
63191809

 

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