Remember the financial crisis? Banks do.
Lenders are being stingy about granting home equity lines of credit even as home values have soared, the Wall Street Journal reported.
Blame the pandemic and memories of the late 2000s, when millions of homes went into foreclosure.
Citibank stopped accepting new applications for home equity lines of credit, or helocs, on March 3, 2021, because of “market conditions,” according . . .