Business | Lew Sichelman | September 21, 2008
Some of the millions of homeowners who have seen their home-equity lines of credit, or HELOCs, sharply curtailed or even halted may have a legitimate gripe with their lenders.
Business | Kenneth R. Harney | September 14, 2008
Second of two parts -- When an investor offers you $50,000 or $100,000 in exchange for 30% to 50% of your home's future appreciation, is it a good deal? That's what a new breed of investment firms is promoting as an alternative to traditional home equity loans, lines of credit and reverse mortgages.
Business | Tom Petruno | July 22, 2008
Bank of America Corp. Chief Executive Ken Lewis has been saying for months that Wall Street was too negative about the bank's prospects. He backed that up with some hard data Monday.
Business | November 28, 2007
Wells Fargo & Co., the second-largest U.S. mortgage lender, said Tuesday that it would take a $1.4-billion fourth-quarter charge largely related to losses on home equity loans as the nation's housing market deteriorates.
Business | September 27, 2007
Late payments on credit card bills slipped in the second quarter while delinquencies on home equity lines of credit climbed to a 5 1/2 -year high, painting a mixed picture of how people are managing their debt.
Business | Cyndia Zwahlen | August 30, 2007
Dr. David Westerberg had the chance to buy into a cosmetic dentistry practice in Palm Desert but found that the credit crunch had chipped away his ability to find money through conventional small-business loans or by tapping his home equity.
Business | E. Scott Reckard | July 4, 2007
Slow job growth and declining home prices are causing financial problems for more Americans, who are falling behind on consumer debt, including home equity loans, at the highest rate since 2001, the American Bankers Assn.
