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HELOC resets will put focus on servicing
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A recent report by Black Knight Financial Services showed that a wave of home equity line of credit resets is coming in 2016, the largest such wave in more than a decade. With delinquency rates of resets from 2014 and 2015 rising dramatically, are mortgage lenders and servicers prepared to handle potential servicing challenges ahead? Read on to learn more about the report.
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