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Home Equity

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Home Equity Lending Volume Stays Relatively Flat In 2023

Total originations of open-ended HELOCs and closed-end home equity loans increased in 2023 by 1.5% compared to 2022.

Home Equity
Analysis and Data
Rocket Pro TPO Waiving Fee Associated With Home Equity Loans

The lender is now waiving the $795 origination fee on Home Equity Loans from July 15 to August 18.

Wholesale
Home Equity
Home Equity Found As Primary Driver Of Black Wealth

More than 90% of the wealth gains for Black Americans came from homeownership, NCRC reports.

Diversity & Inclusion
Home Equity
Figure Launches TBA Market For Non-Agency Loans

Currently handling only HELOCs, Figure Connect has new products coming soon, says Chief Capital Officer.

Home Equity
Tech
Home Equity Falls Slightly From Last Quarter

ATTOM's Home Equity & Underwater Report shows the number of severely underwater homes slightly increased

Analysis and Data
Home Equity
Figure Technology Solutions Names Michael Tannenbaum New CEO

Founder and former CEO, Mike Cagney, assumes the role of executive chairman.

People On The Move
Home Equity
Parent Of Figure Lending Files For IPO

Figure Lending now operating under the new umbrella brand, Figure Technology Solutions (FTS).

Home Equity
Equity Withdrawals Rose Slightly In Q3 2023

High interest rates are compressing usage by 55% or $54B.

Home Equity
Analysis and Data
Cerberus Capital Management To Acquire Home Equity Lender Spring EQ

Deal aims to leverage Spring EQ’s digital processes approach to home equity financing.

Home Equity
Study Shows HELOCs Rose By 50% In 2022

Indicates potential in lending area

Home Equity
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