Articles About Cash Advances

Author:
Mike Ochs
Posted:
06.23.2011

Equity Loans Putting Homeowners Under Water

Homeowners who took out second mortgages, or borrowed against their homes to use the money as a cash advance,  may regret their decisions.  Close to 40 percent are now underwater on their loans — owing more than their home is worth, according to CoreLogic Data.  The data show 38 percent of borrowers who took second […]

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