Texas voters gave home equity lending a thumbs-up last week when they supported legislation repealing a century-old ban on such loans.

The referendum overturned a law that made home equity lending illegal in the state, and it opens up an estimated $200 billion of equity to secure new loans by banks and finance companies.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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