Cash-Out Refinancing, Home Equity Lending May Come to a Halt

Orange County Register, May 14, 2020–Jeff Lazerson
Mortgage lenders are charging more, cutting back on loan sizes or shuttering equity lending altogether. Nearly 8% of all mortgages are now in forbearance, according to the Mortgage Bankers Association. Builder survey data show new home loan applications plunged 25% from March to April.
https://www.ocregister.com/2020/05/14/cash-out-refinancing-home-equity-lending-may-come-to-a-halt/