Jeff Taylor quoted in The Wall Street JournalJune 23, 2020
Jeff Taylor, Co-Founder and Managing Director at Mphasis Digital Risk, was recently quoted in The Wall Street Journal’s article titled “The Economy Is in Disarray. But Borrowers Aren’t Getting Home-Equity Lines”
Jeff highlighting the positive picture of this pandemic situation, comments that while lenders have temporarily pulled back from HELOCs, the pre-pandemic housing market was extremely strong and is expected to remain so. Post pandemic, there is a record $18 trillion of home equity to tap into. Housing market will certainly be our way out of this adversity.
Read the article in length here