Abstract: Home equity lines of credit (HELOCs) have been drawn down at an unprecedented rate in late September with total lending by banks rising by almost $40 billion in one week. The draw downs may partly be turning up in a jump in savings.

Brief Excerpt: A HELOC's Chance in HEL: Home Equity Behavior Home equity lines of credit (HELOCs) have been drawn down at an unprecedented rate in late September with total lending by banks rising by almost $40 billion in one week. Although it is...

Report Type: Strategy Article
Source: CreditSights Inc
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 

 CreditSights
CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.