Home Point Financial, is now offering a white-labeled digital HELOC product to customers that is powered by the Figure software as a service (SaaS) platform built on Provenance.
By originating HELOCs with Figure and Provenance, Home Point Financial can offer an improved customer experience while lowering costs, reducing risk, and enhancing financing execution throughout the loan process.
Home Point Financial is the newest customer licensing Figure SaaS, a loan origination system natively integrated into the Provenance blockchain. Figure SaaS offers loan origination platforms for home equity and first lien mortgages. All of these features will be fully integrated into Provenance to deliver origination, servicing, financing and capital market benefits.
Lender reports a 62-basis-point reduction in loan-level pricing adjustments for qualifying transactions and removes an 80% LTV restriction as alternative credit scoring gains traction
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After years of chasing production numbers, one mortgage sales veteran learned that closing deals means little if you lose the trust of the people behind them
"Listen, your credit is crap. If you don't want the deal, move on."I said that to a borrower once. Word for word. The part that bothers me now isn't just what I said. It's that I didn't think about him again. He walked out, and I went right back to work.Early in my career, I...
Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December
The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels
September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions
The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders
Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028