Bank Failures Curb Home Equity Originations In 2023
Report says second-mortgage production reached post-financial crisis high in 2022 before falling off this year.
Report says second-mortgage production reached post-financial crisis high in 2022 before falling off this year.
'Tappable' home equity has grown by $3.4 trillion over the last three years.
Partnership with HomeLight allows home buyers to buy before they sell.
Black Knight's Mortgage Monitor Report says prices rose the most month over month since May 2022.
Nearly half of mortgaged homes remain equity-rich, while level of seriously underwater mortgages remains unchanged.
Home equity solutions firm also announces expansion into Oregon and Utah.
Company provides a cloud-based platform for home equity lending to credit unions and community banks.
Black Knight says the housing market correction has only just begun.