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Default Risk Rises on 20% of Boom-Era Home-Equity Loans – Bloomberg

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Default Risk Rises on 20% of Boom-Era Home-Equity Loans
Bloomberg
As much as 20 percent of home equity lines of credit worth $79 billion are at increased risk of default as their payments jump a decade after the loans were made during the U.S. housing boom, according to TransUnion Corp. Borrowers face rate shocks as ...
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