Jumbo borrowers take home equity lines of credit to buy boats, cars

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Aug. 23, 2013

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More jumbo borrowers are taking advantage of home value appreciation by opening home equity lines of credit and using them to finance some fun, the Wall Street Journal reported. Wells Fargo boosted its overall home-equity lending to $2.2 billion in ...

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