Better is targeting a bigger share of wholesale lending, with plans to expand into Non-QM and conventional mortgages
Tagged: HELOC
Longtime executive takes on expanded leadership role as lender grows its home equity offerings for older homeowners
ICE reports $17.5 trillion in homeowner equity, while cash-out refinances account for 75% of servicers' refinance-related loan losses
TransUnion finds purchase lending grew 7.1% in Q2, but loans associated with the two mortgage giants declined even as refinancing gained momentum
Lenders report rising second-lien production as homeowners protect low first-mortgage rates
The $2 million credit line combines 30-year fixed-rate repayment with reusable borrowing capacity
First American finds that locked-in accessible equity declined even as total equity reached a record $13.2 trillion
The company's second securitization of 2026 brings its annual total to nearly $792 million, with repeat institutional investors supporting an alternative to traditional home equity loans
Garg proposes human engagement as a fallback and production costs below $1,000 per mortgage, while blaming the board fight for lost momentum
Originators relying solely on agency loans risk losing borrowers who need alternative income options or access to home equity