Fears about rising prepayment speeds in the home equity lending industry are overblown, according to a report from Salomon Smith Barney.

Even in the current interest-rate environment, prepayment speeds are probably not at their historic highs despite surging competition for customers, according to the investment bank's Bond Market Roundup report.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.