There is a Phil Rizzuto in the home lending business again, and that's appropriate, because home equity is making a comeback.

Rizzuto, a third cousin and namesake of the baseball player and 1980 celebrity pitchman for the Money Store, is the senior vice president of home lending at Citizens Financial Group in Providence, R.I. The $129 billion-asset regional bank, a unit of Royal Bank of Scotland, has seen second lien originations increase as other home lending has declined in the past year, he said.

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