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 borrowers. [[Countrywide Financial]] froze the most [[HELOC]] loans. |
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{{cite web |title=Which Lenders Are Freezing HELOC Lines |work=HELOC BASICS |url=http://www.helocbasics.com/update-which-lenders-are-freezing-heloc-lines/ |accessmonthday=May 2 |accessyear=2008 }} |
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Latest revision as of 21:22, 7 June 2010
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