Relevant:
- Lenders Stop Offering Home Equity Loans and Lines of Credit
- Why is it that with rising home values home equity is still near record lows?
- As I see it, 32 commercial banks and thrifts may see the feces hit the fan blades
- Refinancing eludes many as rates fall
- (Rich) Borrowers Tap Their Homes at a Hot Clip
2011-09-15 — bloomberg.com
"U.S. regulators are examining whether the nation's home lenders have accurately valued $845 billion of home-equity and other second-lien mortgages, according to seven people with direct knowledge of the matter."
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