Here it comes (again): Home equity lines (and interest only firsts) due for reset may be looming financial disaster

By Kenneth R. Harney WASHINGTON — Could the real estate market be heading for a new financial storm? Maybe. Some mortgage and credit experts worry that billions of dollars of home equity credit lines that were extended a decade ago

via My Debt Release http://feedproxy.google.com/~r/MyDebtRelease/~3/AlU2nROVuUw/home-equity-lines-and-interest-only-firsts-due-for-reset-may-be-looming-financial-disaster

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