Aven lands $142M in funding to take HELOC credit card nationwide
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with funding round led by Khosla Ventures
by Matt Carter Jul 17
Freddie Mac will dip a $2.5B toe into the second mortgage market
Modest pilot program approved by federal regulators was opposed by banks who have traditionally provided most home equity loans, but nonbank lenders have already made inroads
by Matt Carter Jun 25
Stricter rules eyed for controversial PACE energy improvement loans
Property Assessed Clean Energy (PACE) loans can burden homeowners with higher property tax bills that heighten the risk they'll get behind on their mortgages, federal regulators say
by Matt Carter May 2
New American Funding referring homeowners to EasyKnock
Independent mortgage lender is now sending homeowners who are interested in converting their home equity into cash over to EasyKnock to explore a sale-leaseback
by Matt Carter Jan 24
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
The return of the home as ATM
Increase in HELOCs, lower lending standards are warning signs of another housing bubble
Accepting last-minute, bait-and-switch offer was the only way to close on time
When signing IRS Form 4506, specify dates of returns you've provided
by Benny Kass Feb 5
Why not add mom as co-borrower?
by Benny Kass Nov 15
REThink Real Estate
How much tax information is enough?
by Benny Kass Mar 9
5 options to get deal done
by Bernice Ross Nov 12
High payment means choosing between medicine, electricity
by Benny Kass Oct 13