"During tough economic times, HELOCs are riskier products for banks because in a foreclosure, the lender who made the primary mortgage is first in line to get paid in a recovery."
www.cnbc.com/2020/04/30/wells-fargo-says-it-will-no-longer-accept-applications-for-home-equity-lines-of-credit.html
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Wells Fargo no longer accepts Home Equity Line of credit (HELOC) due to Coronavirus Coronavirus May 1, 2020, 10:01 a.m.