Tagged: HELOCs

55% said downsize the CFPB, 45% said don't, but survey comments revealed much more

Yet, ICE's report finds many homeowners remain historically reluctant to tap their home equity

Growth in servicing and products helps IMBs shine in 2024

Maxwell reported the share of HELOCs rose 31% quarterly and 61% year over year to comprise 3.88% of the second-quarter market.

Total originations of open-ended HELOCs and closed-end home equity loans increased in 2023 by 1.5% compared to 2022.

Indicates potential in lending area

Fintech says new model will offer originators direct access to its end-to-end HELOC platform

Report says second-mortgage production reached post-financial crisis high in 2022 before falling off this year.

Allows homeowners to draw funds backed by their home’s collateral.

Group will develop standards for electronic closing documents for the HELOC process.