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Updated over 16 years ago,
Bye Bye HELOC
For those in the group who are using HELOC's to subsidize REI and rehab potion, your going to need a new strategy.
BTW- Mr. Mortgage with the IMPLODE O METER and his famous u-tube whistle blower type video's is becoming quite popular even in the Capital Markets
scene! He is a bit rough in his presentation style, but I like the guy and his information. Should be anchor for FOX News-LOL
http://mrmortgage.ml-implode.com/2008/05/06/look-out-home-equity-line-suspension-goes-countrywidecity-by-city/