MBA's Home Equity Lending Study includes benchmarking data - volume, utilization rates, operational metrics, and growth expectations - related to lending and servicing open-ended Home Equity Lines of Credit (HELOCs) and closed-end Home Equity Loans (HE Loans).

Our third annual study was conducted in Spring of 2021, based on data through 2020. MBA collected data from 13 member companies - including large banks, community banks, credit unions, and independent mortgage companies - representing $18.0 billion in originations volume for 2020, $182.1 billion in maximum credit extended to borrowers as of December 31, 2020, and $75.9 billion in outstanding borrowings as of December 31, 2020. 

A summary publication is available for purchase, and includes key findings and charts from the 2021 Home Equity Lending Study. The following charts are included: 

• ECONOMIC OVERVIEW
  
  
• STUDY HIGHLIGHTS:
  • Highlights
  • Challenges
  • Initiatives
    
    
• OPERATING STRUCTURES:
  • Which Area Manages the HELOC/HE Loan Originations Business?
  • Loan Origination Systems
  • Which Area Manages the HELOC/HE Loan Servicing Business?
  • Loan Servicing Systems
    
    
• COMMITMENTS (ORIGINATIONS):
  • HELOC and HE Loan Commitment Volume by New Account vs. Renewal/Refinance
  • Total Commitment Volume by First Contact with Borrower
  • Total Commitment Volume by Known Borrower Usage
  • Total Commitment Volume by Valuation Method
  • Loan-to-Value Ratios
  • HELOC and HE Loan Commitment Volume by FICO at Closing
  • Average FICO Scores
  • Pull-Through Rates
  • Processing Times
    
    
• HELOC UTILIZATION:
  • HELOC Utilization Rates (Outstandings/Commitments) for Recent Vintage Years
  • HELOC Utilization Rates (Total Outstandings/Commitments) for Total Commitments
  • HELOC Account Status
  • Zero-Balance HELOC Accounts by Contractual Commitment Limit
  • Maximum-Funded HELOC Accounts by Contractual Commitment Limit
    
    
• HELOC AND HE LOAN OUTSTANDINGS: FINANCING TERMS AND PERFORMANCE:
  • HELOC and HE Loan Outstandings: % Change from Beginning of Year to Year-End
  • HELOC Servicing Portfolio Mix
  • Index for HELOC Variable Rate Adjustments
  • HELOC Contractual Commitment Limits
  • HELOC Contractual Total Term
  • HELOC and HE Loan: Average Life from Origination to Payoff
  • HELOC and HE Loan Outstandings by FICO
  • Average FICO Scores
  • HELOC and HE Loan: Delinquency and Foreclosure Rates
    
    
• COSTS:
  • HELOC and HE Loan Production Expenses
  • HELOC and HE Loan Servicing Expenses
    
    
• GROWTH EXPECTATIONS:
  • HELOC and HE Loan Commitments: Growth Expectations
  • HELOC and HE Loan Outstandings: Growth Expectations
    
    

If your company originates and/or services HELOCs or HE loans and would like to participate in the 2022 study, or if you have questions on ordering the summary publication, contact homeequity@mba.org or call 202-557-2916.