Mish One of my co-workers told me he received a letter from Wells Fargo (WFC) this week that his Home equity line of credit has been effectively reduced immediately.He was upset about this and the fact that reduction was immediate. My co-worker said he would have taken the maximum loan had it not been immediate. I was perplexed.Do people like to borrow money if their collateral doesn't cover the loan? Minyan KTInquiring minds might be wondering if that's a philosophical question of some sort with no real answer. The answer is it's a very legitimate question with answers that ...