"I’m a lender for a large Credit Union in Vancouver. Refinancing either in form of Line of Credits or second mortgage is huge business. People have used their houses as ATMs in a very big way."

This from Ultraman at greaterfool.ca 22 Dec 2009 1:50 pm -

“I’m a lender for a large Credit Union in Vancouver, refinancing either in form of Line of Credits or second mortgage is huge business. Yes, people have used their house as an ATM in a very big way.”