Title: The home equity lending industry
First published: 1997
Description: The Home Equity Lending Industry is the first public policy analysis of a rapidly growing sector of the housing finance system. It describes the homeowners who - despite impaired credit - have refinanced their mortgages in increasing numbers, outlines the terms on which they have been able to obtain loans, and summarizes the experience of lenders and borrowers after the mortgages have been issued.

The study draws on new data sources to illuminate a market that has been ignored or discussed only in anecdotes.
Subjects: Home equity loans, Credit ratings, Consumer credit, Mortgage loans, equity sharing
Places: United States
LC classification: HG2040.5.U5 W45 1997