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Home Equity Loans Give Room for Improvement
Cape May County Herald (press release) - Apr 20, 2011
The sum of your down payment ($20000), principal paid ($15000), and the increase in property value ($15000) gives you $50000 in equity. Second step: Ideally, what you owe on your home — mortgage plus home equity loan — shouldn't exceed 80 percent of

Fidelity Bank Introduces Mortgage ByDesign Program
Citybizlist (press release) - Apr 21, 2011
Another innovative mortgage solution offered through the Mortgage ByDesign program is the 100% home equity loan or line of credit that allows homeowners to use all the equity in their homes for upgrading bathrooms, replacing roofs or adding new

People's United Financial Reports First Quarter Earnings of $52 Million or ...
SYS-CON Media (press release) - Apr 20, 2011
Excluding acquired loans, home equity loans declined $38 million, or 8% annualized, from December 31, 2010. Average home equity loans totaled $2.0 billion in 1Q11, unchanged from 4Q10. Net loan charge-offs totaled $0.8 million, or 0.16% annualized,

Fed's Reg Z Ability-to-Repay Requirements Open for Comment
Reverse Mortgage Daily - Apr 20, 2011
While the proposed rule does not apply to reverse mortgages, home equity lines of credit, timeshare plans or temporary loans, it would apply to all other consumer mortgages. Under Dodd-Frank and Reg Z, the proposal would offer four options for meeting

Do the Robinsons Deserve a Home?
Wall Street Journal - Apr 21, 2011
She applied for and received a $50000 home-equity loan from US Bancorp. She paid down her debts and because the house still was unfinished she had siding installed. It helped get the family fairly current on many of their debts but created a new one: a

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