HELOCs Coming Under New Regulatory Scrutiny

Bank examiners are exploring whether the nation’s depositories have accurately valued $845 billion of home equity and second liens, according to seven people with direct knowledge of the matter, according to a report by Bloomberg.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_433/helocs-regulatory-scrutiny-1026590-1.html

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