ICE reports $17.5 trillion in homeowner equity, while cash-out refinances account for 75% of servicers' refinance-related loan losses
Tagged: Cash-Out Refinance
Lenders report rising second-lien production as homeowners protect low first-mortgage rates
eLEND expands eligibility for lower-score borrowers on select FHA and conventional loans through Dec. 31
First American finds that locked-in accessible equity declined even as total equity reached a record $13.2 trillion
Years of appreciation can make a home harder to keep after divorce, leaving originators to solve a financing problem before the settlement is final
The offer covers scores of 580 and higher and cuts the adjustment on VA cash-outs above 90% LTV
Lenders pulled back on cash-out refinance and investor loan offerings in September, even as non-agency programs continued to support the jumbo market, and Non-QM lending gained market share
The proposed all-stock combination would unite Beeline’s mortgage, Non-QM, and title operations with a platform that lets homeowners sell fractional equity instead of taking out another loan
The winning idea will be built into a Rocket Pro technology product and unveiled at RPX in Detroit
Six steps loan officers can take to uncover hidden opportunities and win more cash-out refinance business