What You Should Know About Home Equity Lines of Credit

This is not legal advice for your situation*

On August 28, 2008, the Board of Governors of the Federal Reserve System announced that it has updated the publication "What You Should Know About Home Equity Lines of Credit" to include information for consumers on line of credit freezes or reductions in lines of credit. You may access the updated publication here.

Accordingly, DocMagic, Inc.'s Compliance Department has updated this publication for customers' optional use. Please contact DocMagic's Customer Service Department if you wish to add this publication to your predisclosure and/or closing loan packages.

*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.