HELOC freeze: Difference between revisions
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#REDIRECT [[Home equity line of credit]] |
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{{Notability|date=April 2008}} |
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The '''HELOC freeze''' refers to the nearly simultaneous freezing of [[home equity line of credit]] loan by major [[lenders]] in 2008. Such lines were frozen in specific geographic areas and affected more than 100,000 borrows.{{Fact|date=April 2008}} [[Countrywide Financial]] froze the most [[HELOC]] loans.{{Fact|date=April 2008}} |
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Latest revision as of 21:22, 7 June 2010
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