According to research cited by the Wall Street Journal, the total
dollar value of home equity loans taken out in 2004 was $431.3
"Overall, home-equity originations climbed 35 percent last year 
to a record $431.3 billion, according to SMR Research Corp., a
market-research firm in Hackettstown, N.J."
"Equity loans flying as high as property values"
By Ruth Simon
Wall Street Journal
Published January 30, 2005
" Low mortgage-interest rates made 2004 another big year for
refinancing, and home-equity borrowing in the United States reached a
Americans took out $431.3 billion of home-equity loans and lines of
credit, according to SMR Research, a market-research firm in New
Jersey. That's up 35 percent from 2003."
source: Seattle Times
"Mainstream home-equity lending soared 33% last year according to SMR
Research, with new borrowing at nearly quadruple the level of just
five years ago...
Home-equity lending skyrockets
2004 1999 Increase
New borrowing $431 billion $114 billion 278%
Total owed $719 billion $267 billion 169%
Source: SMR Research"
"took out * billion in home equity
I hope this helps.