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Equity Home Loan

Improbable as it sounds at a time when American homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments ...

Ways to tap home equity without taking on mortgage debt - Seattle Times

National City , the US bank that has been among the hardest hit by the subprime crisis, is trying to reduce its exposure to the riskiest category of home loans by offering customers cash to close their untapped home equity lines. If the scheme is ...

National City offers cash to cut equity lines - Financial Times

National City Corp., Ohio's largest bank, will let some customers close their untapped home-equity lines of credit, without penalty, to reduce liabilities on its balance sheet. The lender ''provided customers the opportunity to close the line without ...

Bank will allow home-equity line closing - Akron Beacon Journal

Improbable as it sounds at a time when U.S. homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments ...

A new way to tap into home equity - Minneapolis Star Tribune

The Government's £200m mortgage rescue package will do nothing to ease the suffering of struggling homeowners in negative equity, as they will be barred from the scheme even if they desperately need to raise cash. Timesonline has learnt that ...

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