Tagged: Home Equity

Median reported equity ranged from $130,000 to $425,000, giving loan originators a state-level view of borrowers’ potential second-lien capacity

CEO Kelly Hendricks details how MaxClass and HomeQB are opening a new referral channel for originators

The next competitive advantage in lending is home equity. Sustainable growth requires tools purpose-built specifically for home equity.

Consumer loan marketplace volume reached $4.3 billion as Figure Connect drove more production off the company’s balance sheet and helped lift adjusted margins to a record 55%

The convertible note will become common stock without a market discount as Beeline pursues higher-margin lending and its proposed TYTL combination

Some 320,000 homeowners are both underwater and behind on their payments — nearly twice as many as a year ago — even as mortgage-holder equity approaches $18 trillion

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

Home equity and purchase lending lifted production economics, while management characterized its relaunched wholesale channel as a supporting business rather than a major growth engine

Portfolio Intelligence tracks changes in borrowers’ liabilities after closing, helping lenders identify potential home equity and debt-consolidation business

The HELOC-backed Visa connects revolving credit with contractor financing and rewards, but carries rates above the national average