Home-Equity Market Posts Modest Gain in Second Quarter, Performance Holds Steady
September 30, 2010
The home-equity lending business, which has been battered almost as severely as the subprime and Alt A markets, produced a few green shoots during the second quarter of 2010. But the top commercial banking giants that dominate the sector continued to scale down their HEL portfolios. New home-equity lending, which includes... [Includes three data charts]
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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