HLOCs in Peril

There was a large portion of Andrew S. Ross' "The Bottom Line" column, Wells Fargo cutting customers' lines of credit, in the San Francisco Chronicle today devoted to banks yanking Homeowner Lines of Credit from Bay Area customers with good credit.

Ross' article is required reading for any homeowner who plans to finance a remodel with an unused HLOC. Even with a stellar credit rating, you may find the HLOC is bye-bye.

Peggy