Splitero no longer accepting shared equity applications
In a separate announcement, San Diego-based fintech announces launch of new real estate brokerage, Splitero Homes, to help homeowners in 4 states 'sell for the highest price'
by Matt Carter Oct 3
Figure powering HELOCs for 4 more independent mortgage banks
As it continues to sign private label partners for its blockchain-powered loans, Figure says it's provided more than $6B in HELOCs to roughly 85,000 households in 45 states
by Matt Carter Jul 12
Rocket rolls out home equity loans for debt consolidation
A new product for paying off high-interest credit card debt will be offered to millions of users of Rocket's personal finance app, Truebill
by Matt Carter Aug 1
Shared equity platform Point enters Nevada, Ohio as part of larger plan
Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors
by Matt Carter Jul 14
Canadian-based alternative HELOC provider, Fraction, enters US
Fraction, which launched in Canada in February 2021, is open for business in Washington state, with additional states planned later this year
by Matt Carter Feb 2
Hometap raises $60M to bankroll growth of its home equity business
The growing business allows homeowners to access their home equity as their property values rise — without taking on more debt
by Daniel Houston Dec 7
Mortgage lenders deal more purchase loans amid fewer refis
The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year but lost ground on the refinancing side
by Daniel Houston Aug 18
New tools to unlock trapped home equity could boost home sales
During an Inman Connect session Tuesday, founders of Point and EasyKnock said they're out to revolutionize the concept of homeownership
by Matt Carter Jun 15
How to explain home equity lines of credit to buyers
Real estate agents should set aside time to review everything a HELOC entails, from the basic concept to requirements for qualification
by Kayla Matthews Feb 1
Trump Lawyer Michael Cohen
Experts argue it's common practice to use home equity loans for various purposes, but charges could come if attorney Michael Cohen lied about using the money to pay off Stephanie Clifford a.k.a. Stormy Daniels
by Patrick Kearns Apr 18
5 ways savvy homeowners can take advantage of home equity
Your clients should use a home equity line of credit for an investment that will add value
by Missy Yost Jan 16
3 ways to cure the first-time buyer blues
Help your clients overcome their concerns
by Ray Rodriguez Nov 3
Reverse mortgage option helps homeowners keep it in the family
National Family Mortgage allows family members to ‘crowdfund’ HELOCs for their relatives
by Amy Tankersley May 4
The return of the home as ATM
Increase in HELOCs, lower lending standards are warning signs of another housing bubble