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HELOC Performance Falters in First Quarter.
Washington -- In the first quarter, the percentage of bank home-equity lines of credit that were more than 30 days past due rose 14 basis points to 1.1%, the highest level in nearly a decade, according to the American Bankers Association's quarterly delinquency bulletin.
That was the highest HELOC delinquency rate since 1997, although HELOC delinquencies ...
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