HELOC activity on the rise

Published: July 31, 2014 by Carrie Janot

According to the latest Experian-Oliver Wyman Market Intelligence Report, home equity line of credit (HELOC) originations warmed up significantly heading into summer. After two consecutive quarters of decline, HELOC originations came in at $35.2 billion in Q2 2014, a 38 percent increase over the previous quarter and a 27 percent increase over last year.

Lenders can stay ahead of evolving trends and adjust lending strategies as needed by consistently monitoring credit trends and market intelligence data.

Attend our upcoming Webinar on the latest credit trends and the current state of the U.S. real estate market.

Access the latest credit trends with Experian’s IntelliViewSM.

Related Posts

Know Your Customer (KYC) procedures are a requirement for banks and other financial institutions to collect and verify the...

Published: March 21, 2024 by Stefani Wendel

In March's State of the Economy report, we provide insights into consumer spending, the housing market, originations, and more.

Published: March 20, 2024 by Josee Farmer

This report provides a snapshot of the top monthly economic and credit data, including inflation, the housing marketing, and card balances.

Published: February 29, 2024 by Josee Farmer