Home-equity loans, credit lines now harder to come by (Honolulu Advertiser)

CALABASAS, Calif.----A home equity loan can be a great resource to homeowners who need some extra money to do a renovation project, pay for college tuition, or even make a large purchase .

Loan funds given Hsu said in jeopardy (EARTHtimes.org)

Authorities voiced concern Thursday that $40 million given Democratic fundraiser Norman Hsu for a loan pool despite fraud charges may be lost. The money was given Hsu by a private equity fund representing about 100 New York investors for a pool he said wo...

Fitch Affs $665.7MM & Downgrades $61.4MM from 1 Soundview HE Loan Trust Subprime Transaction (Business Wire via Yahoo! Finance)

NEW YORK----Fitch Ratings has taken the following rating actions on Soundview Home Equity Loan Trust asset-backed certificates. Affirmations total $665.7 million and downgrades total $61.4 million.

Loan funds given Hsu said in jeopardy (Moldova.org)

Authorities voiced concern Thursday that $40 million given Democratic fundraiser Norman Hsu for a loan pool despite fraud charges may be lost. The money was given Hsu by a private equity fund representing about 100 New York investors for a pool he said would generate a high rate of income, The New York Times reported Thursday. Those investors have been told their money might be in jeopardy, a ...more

Home-equity loans, credit lines now harder to come by (Honolulu Advertiser)

Back when the real estate market was flying at 30,000 feet, getting a home-equity line of credit was a pretty straightforward process. You called a toll-free number, asked for a loan, and within hours, a guy with a suitcase full of money showed up at your door.

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