Robert R. Rowley PS

Attorney at Law


Home-Equity Lines of Credit See Jump in Delinquencies

Home-Equity Lines of Credit See Jump in Delinquencies

Another post-financial crisis hangover looms for banks as principal comes due on lines of credit extended during the property boom. Delinquencies have risen as homeowners face sharply higher monthly payments.

Source: Home-Equity Lines of Credit See Jump in Delinquencies