Your equity equals your home's current value minus the amount you owe on it. You can borrow against this equity, preferably ...

When a home is sold, a HELOC must be paid off, along with any other debts secured by the property. Outstanding HELOC balances are typically settled during the closing, out of the sale proceeds.

Reports Q1 tangible book value per share $24.00. Reports Q1 net charge-offs .01%. Commenting on the company’s performance, Larry Myers, ...

While the home equity increases mean larger gains when ... interest rates than second mortgages because they require the first lien position. That said, they may have higher fees.

Cerberus brings its first revolving Heloc trade while Beach Point is out with its first nonperforming loans mortgage deal in ...