HELOC freeze: Difference between revisions
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{{Notability|date=April 2008}} |
{{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.{{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 }} |
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. |
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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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Revision as of 15:33, 2 May 2008
 | The topic of this article may not meet Wikipedia's general notability guideline. (April 2008) |
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.[citation needed] Countrywide Financial froze the most HELOC loans.
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"Which Lenders Are Freezing HELOC Lines". HELOC BASICS. {{cite web}}: Unknown parameter |accessmonthday= ignored (help); Unknown parameter |accessyear= ignored (|access-date= suggested) (help)