According to the latest Experian-Oliver Wyman Market Intelligence Report, HELOC originations increased 21% year over year, moving from $25.6 billion in Q1 2014 to $31 billion in Q1 2015. HELOC delinquencies (90 to 180 days past due) continued to move in the right direction, declining from 0.64% to 0.49% over the last year.
As HELOC originations continue their growth trend, lenders can stay ahead of the competition by using advanced analytics to target the right customers and increase profitability.
