Posts Tagged ‘home equity loans’

St Louis Mortgage Banks See Higher Home Equity Loan Defaults

Monday, August 30th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Home Equity Loan Defaults On the Rise
News Press Hot Line: 314-334-0210 | Floyd Tapia


Just recently, news surfaced that lenders nationwide had written off approximately $11.2 billion in home equity loans in 2009.

Additional losses included $19.8 billion in (more…)