Home equity platform Point has secured a $2.5 billion commitment from Blue Owl Capital to expand its nationwide home equity investment program, supporting thousands of homeowners while attracting institutional investors
Refi and HELOC activity inched upward in Q3, as homeowners capitalized on modest rate improvements and tapped into equity, but affordability constraints are still keeping purchase demand subdued
The new Prime HEI offering lets licensed mortgage brokers help homeowners unlock equity with no debt, no interest, and no monthly payments
A combination of the recent easing in mortgage rates that has begun to open the refinance window for many borrowers, and homeowners with record amounts of equity, are trends driving opportunities for borrowers to leverage refis and equity products
After several years of rapid equity gains that peaked in 2022, homeowner equity levels appear to be stabilizing as slight shifts seen in recent quarters suggest the housing market may be settling into a more balanced phase
As more homeowners stay put, they are tapping into equity products to ensure stability and build financial confidence
After turning $29M profit on $191M revenue and $6B in home equity lending, Figure’s IPO underscores push to reshape non-agency markets
Analysts see stable loan performance and softening rates, while insurance costs rising and inventory stalling
Blockchain lender founded by SoFi’s Mike Cagney seeks to raise over $500 million, betting on faster HELOCs and digital lending infrastructure
Originations climb 5% YoY in Q1 2025 thanks to 44% refi leap, while home equity market sees strongest growth in three years