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Consumers are tapping into home equity across the nation

September 26, 2014 by Traci Krepper

HELOC originations grew 27 percent year over year in Q2 2014. The Midwest experienced the greatest year-over-year growth at 36 percent, with the other regions faring as follows:

CC 9-11-14 chart

Lenders can stay ahead of the competition and adjust marketing strategies accordingly by monitoring regional credit trends.

Source: Download our recent Webinar on the latest credit trends and the current state of the U.S. real-estate market.

*Region definitions
Midwest: IN, OH, NE, MI, KS, IA, SD, MO, ND, WI, IL, MN
South Atlantic: NC, GA, SC, WV, DE, VA, MD, FL, DC
South Central: TX, KY, MS, OK, TN, AL, AR, LA
West: UT, CO, NM, ID, AK, WY, MT, WA, OR, AZ, NV, HI, CA
Northeast: PA, VT, CT, ME, MA, NH, NY, NJ, RI

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