Comment Policy


Share or Subscribe

Search BLB

  • Google


Blog powered by TypePad
Member since 03/2004

« Power Grab | Main | No Más No Más »

July 09, 2012


Feed You can follow this conversation by subscribing to the comment feed for this post.

Woodrow Wilson

Great Blog...

This issue (HELOC) is nothing new, there's actually a great clip on "YouTube" of Adam Levitin of Georgetown Law testifying to CONgress that the exposure on HELOC's alone make entities with large exposure insolvent in a true mark-to-market world. Of course, we don't live in that world anymore.

Should be interesting if The Fed ever leaves ZIRP (which is doubtful) and interest rates blowout underwater homeowners on just HELOC's.

The comments to this entry are closed.