New co-branded home equity product puts HELOC financing at the point of sale as lenders compete for homeowners’ equity
Aven and recreational vehicle manufacturer Forest River have launched a co-branded home equity line of credit that puts HELOC financing directly into participating RV and marine dealerships, giving qualified homeowners another way to finance a major purchase without first ap...
Benchmark Mortgage is shifting its resources to retail after closing Eleven’s wholesale and correspondent operation, while brokers face questions over loans already underway
Eleven Mortgage has exited wholesale and correspondent lending effective immediately, ending an eight-year run in the third-party origination market, and leaving mortgage brokers with loans already in its pipeline facing a compressed path to closing.Benchmark Mortgage confir...
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