Home Equity
Coming Up:
Homeowner Equity Keeps Growing Across U.S. In 3Q
Nearly 50% of mortgaged residential properties in the nation are equity-rich.
HELOCs Jump Nearly 50% In First 5 Months Of 2022
Urban Institute report finds home equity lines of credit increased 46.9% from January to May vs. same period last year.
Rocket Mortgage Launches Home Equity Loan
Program offers 10- or 20-year terms with fixed rates.
The Future Of The Cash-Out Refinance Market
Education needed for clients on benefits of HELOCs
NMP
Eeny, Meeny, Miny, Moe, Which Cash-Out Option Is Best Way To Go?
How to sort through the myriad of cash-out products for clients in a rising rate environment
NMP
FGMC Launches Non-QM Loan Program To Tap Equity
Explorer Equity program offers flexible guidelines and expanded credit parameters for borrowers who may not otherwise qualify.
Forum Calls For More Inclusive Access to Homeownership
FHFA, policy experts, and journalists join NAR-Urban Institute discussion on accessibility and affordability challenges.
ReverseVision Inc. Acquired By Constellation Mortgage Solutions Inc.
Constellation Mortgage Solutions Inc. announced the acquisition of ReverseVision, Inc., a home equity conversion mortgage and private reverse mortgage sales origination software company.
42% Of U.S. Homes Are Equity-Rich
These gains come after the U.S. housing market concluded one of its best years in the past decade.
Opportunities In Reverse
For seniors who still have a mortgage, 40% are looking to use the equity they’ve built to eliminate their monthly payment.