Home-equity highlights.


Monthly HELOC originations (non-seasonally adjusted)

The home-equity line of credit (HELOC) market continues to recover, HELOC originations showed a 28 percent increase in November 2013 compared with November 2012, and are on pace for an overall 20 percent increase in growth for 2013. Share of subprime HELOC originations fell to 1.25 percent for the year--a 7 percent decrease from the previous year and the lowest since we began tracking these numbers.

HELOC delinquency rates remained steady in January. Delinquency rates as a percentage of balances are at their lowest point since March 2008.

SOURCE: Equifax Inc., Atlanta Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sues and consumers with msight and information they can trust Equifax organizes and assimilates data on more than 600...

To continue reading