As homeowners try to refinance their mortgages at lower rates, their home equity lenders are telling them, "Not so fast." Home equity lenders are throwing roadblocks in front of their clients who want to refinance their primary mortgages. In some cases, they delay refinances for a month or more. In other cases, they block homeowners from refinancing altogether -- all because of something called "resubordination." "It can completely blow a refi out of the water," says Christopher Cruise, senior loan officer for GOTeHomeLoans.com in Bethesda, Md.

Full story: abcactionnews.com