What are the new laws covering discharge of HELOCs?
1. What are the new laws covering discharge of HELOCs?
Talking to Wells Fargo banker today, was discussing broad subjects. He mentioned
d there were new laws that went into place in January 2011 that affects HELOCs,
and the matter of homeowners, such as them not being able to pay off for example
a $50k HELOC, and whether the banks have certain remidies, etc. I am up to date
on most laws in the foreclosure arena, but this one law didn't sound too famili
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