Do you work at Point? Claim your profile
Deal aims to leverage Spring EQ’s digital processes approach to home equity financing.
While economic and personal financial concerns intensify, many overlook vast home equity potential as a financial cushion.
49% of homes were deemed equity rich.
The 0.7% YOY decline in Q1 is equal to an average loss of $5,400 per borrower from Q1 2022.
Total residential loans drops nearly 20% as just 1.25m loans were originated.
Report says second-mortgage production reached post-financial crisis high in 2022 before falling off this year.
