U.S. Home Equity Credit Quality To Worsen

29 Apr 2013

U.S. banks with large home equity books will likely encounter rising credit risk in 2014 as 10-year interest-only periods for many home equity borrowers end and they need to reset payment terms, according to Fitch Ratings.

U.S. banks with large home equity books will likely encounter rising credit risk in 2014 as 10-year interest-only periods for many home equity borrowers end and they need to reset payment terms, according to Fitch Ratings.

Click here to read the release from Fitch.

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