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Parcells, photo, chart
Home equity lines of credit aren't as hot as they used to be, but the top banks in the field still swear by the products.
First Fidelity Bank, for example, increased its holdings of the lines by a sharp 34% in the year through March 31, to $1.6 billion.
"We like 'em," said Donald C. Parcells, executive vice president of consumer banking at the Newark, N.J., powerhouse. The loans have strong consumer appeal...