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Home Equity Lines of Credit : Market Trends and Consumer Issues.

Publisher: Ottawa, ON, CA : Financial Consumer Agency of Canada, 2017.
Series: Public Research Report
Edition/Format:   eBook : Document : National government publication : EnglishView all editions and formats
Summary:
"The Financial Consumer Agency of Canada (FCAC) recently conducted research on home equity lines of credit (HELOCs) to better understand the consumer issues, potential macroeconomic risks, market trends and lenders' business practices. FCAC has a legislative mandate to conduct research on market trends and issues with the potential to impact financial consumers. This report focuses on the market conduct of federally  Read more...
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Genre/Form: Electronic books
Material Type: Document, Government publication, National government publication, Internet resource
Document Type: Internet Resource, Computer File
ISBN: 9780660086712 0660086719
OCLC Number: 1013720697
Description: 1 online resource (14 pages).
Series Title: Public Research Report
More information:

Abstract:

"The Financial Consumer Agency of Canada (FCAC) recently conducted research on home equity lines of credit (HELOCs) to better understand the consumer issues, potential macroeconomic risks, market trends and lenders' business practices. FCAC has a legislative mandate to conduct research on market trends and issues with the potential to impact financial consumers. This report focuses on the market conduct of federally regulated lenders and on the risks posed to consumers by HELOCs. It summarizes the Agency's research findings, and explains how FCAC plans to respond to the risks identified'--Purpose, p. [1].

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