{"id":41254,"date":"2013-11-26T22:28:52","date_gmt":"2013-11-26T22:28:52","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/reuters_u-s-_borrowers_are_increasingly_missing_payments_on_home_equity_loa\/"},"modified":"2013-11-26T22:28:52","modified_gmt":"2013-11-26T22:28:52","slug":"reuters_u-s-_borrowers_are_increasingly_missing_payments_on_home_equity_loa","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=41254","title":{"rendered":"(Reuters) U.S. borrowers are increasingly missing payments on home equity Loans"},"content":{"rendered":"<p>U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, a trend that could deal another blow to the country&#8217;s biggest banks.<\/p>\n<p>The loans are a problem now because an increasing number are hitting their 10-year anniversary, at which point borrowers usually must start paying down the principal on the loans as well as the interest they had been paying all along.<\/p>\n<p>More than $221 billion of these loans at the largest banks will hit this mark over the next four years, about 40 percent of the home equity lines of credit now outstanding.<\/p>\n<p><a href=\"http:\/\/news.yahoo.com\/insight-wave-u-mortgage-trouble-threatens-060430209--sector.html\">Read it all<\/a>.<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, a trend that could deal another blow to the country&#8217;s biggest banks. The loans are a problem now because an increasing<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=41254\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,209,149,168,600,593,585,596,34],"tags":[],"class_list":["post-41254","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-americau-s-a","category-economy","category-ethics-moral-theology","category-housingreal-estate-market","category-personal-finance","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/41254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41254"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/41254\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}