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Major bank stops approving home equity loans, credit lines
Ripples from the subprime mortgage meltdown are spreading, affecting even borrowers with ... and one that makes loans through many California mortgage brokers, announced Monday it had "suspended ... front usually serve to lower the interest rate.) Also Monday, Aegis Mortgage, a large, Houston-based ...
Home lending troubles spread
CREDIT LINES <span Ripples from the subprime mortgage meltdown are spreading, affecting even borrowers with ... and one that makes loans through many California mortgage brokers, announced Monday it had "suspended ... front usually serve to lower the interest rate.) Also Monday, Aegis Mortgage, a large, Houston-based ...
Borrowing guidelines debated
The guidelines require those making adjustable-rate mortgages to consider the borrower's ability to ... said Steve Johnson, director of the Southern California office of real-estate think tank MetroStudy. "It ... the enablers." Some of those enablers - mortgage companies that were big in the subprime ...
