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HELOC originations continue growth trend

June 4, 2015 by Carrie Janot

According to the latest Experian-Oliver Wyman Market Intelligence Report, HELOC originations increased 21% year over year, moving from $25.6 billion in Q1 2014 to $31 billion in Q1 2015. HELOC delinquencies (90 to 180 days past due) continued to move in the right direction, declining from 0.64% to 0.49% over the last year.

As HELOC originations continue their growth trend, lenders can stay ahead of the competition by using advanced analytics to target the right customers and increase profitability.

>> Revamp your mortgage and HELOC acquisitions strategies