Industry News

Trouble brewing in wake of home refinance boom

Report warns of disaster facing millions who cashed out home's equity
Published on Jan 26, 2005

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by CareyBot

In the wake of the mortgage-refinancing boom of the last few years, Americans own less of their homes today than they did in the 1970s and early ’80s, according to a new report released by Demos, a nonpartisan public policy ...