Substantial latitude exists for continued substitution of home equity accounts for consumer installment credit and traditional second mortgages. Also, the 1991 ... From the lendera#39;s perspective, a number of actual or potential disadvantages are associated with home equity lending. ... About 0.7 percent of the home equity credit lines in use were delinquent, on average, during the last three quarters of 1987.
|Title||:||The Prentice Hall Banking Yearbook|
|Author||:||Richard B. Miller|
|Publisher||:||Prentice Hall - 1990|