August 3, 2015 | Updated 12:09pm

E-mail Address


Most Popular

Sunday, May 11, 2014, 3:00am

Pay Now Or Pay Later

HELOC Resets A Problem? It Depends

Mass. Banks Ready; What About Borrowers?

The reset of millions of home equity line of credit (HELOC) loans across the country threatens to echo the default epidemic that sparked off the housing crisis. But just as Massachusetts escaped the most extreme highs and lows of the boom and bust, we will likely be spared a major default trough as decade-old HELOC loans begin to reset from interest-only payments to principle and interest. Massachusetts banks appear to be well-prepared for the reset process. The question is whether borrowers are ready.

This content is available to subscribers only

A valid subscription is required to read the article or use the tool you've selected. Already a subscriber? Please enter your information below to log in.

Don't have a subscription yet? You're missing out. Subscribing to Banker & Tradesman gives you unlimited access to all of our award winning content and data tools. Interested in subscribing? Click here now to signup for a new account, or activate your web account if you are a new print subscriber.

Forgot Your Password?

Please enter your e-mail address above so we can send you an email which will allow you to reset your password

Sign In

Become a Subscriber For Less Than $1 Per Day

Our subscribers have access to the most current, comprehensive real estate and credit records available for the state of Massachusetts. We are the only body that collects all transaction data from every city and town in the state - and we deliver that vital information via our Records & Research section as fast as we can.

By becoming a subscriber, you will have access to all of our credit and real estate records dating back ten years, searchable by address, name and transaction date. This is valuable intelligence that you can use every week to make decisions and grow your business. Become a subscriber today!

Subscribe to Banker & Tradesman