Rising home values have been a boon for owners, with nearly half of mortgaged properties now considered "equity rich" by Attom Data Solutions
The growing business allows homeowners to access their home equity as their property values rise — without taking on more debt
With co-sponsor Redwood Trust, Inc., Point has completed the first-ever securitization backed solely by residential Home Equity Investment agreements
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic
In a USA Today opinion piece, Sheila C. Bair, the chairwoman of Fannie Mae's Board of Directors, laid out the factors homeowners should consider before agreeing to cash-out refinancing
During an Inman Connect session Tuesday, founders of Point and EasyKnock said they're out to revolutionize the concept of homeownership
This number represents a 19.6% increase year-over-year, and the highest annual gain in at least a decade
Alarm bells aren't ringing, but analysts are keeping a close eye on the trend
Opinion
The home equity gains made by Black homeowners in recent years are worth celebrating, but there's a long way to go. Here are a few ways the industry can help
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Helping your clients maximize their financial position through homeownership
A spin-off of Knock Swap, Knock Nest formalizes Knock's longtime leaseback option and allows homeowners to access home equity without the need to move
The average home in a Democrat-controlled county is worth 75% more than the typical home in a Republican-controlled county, according to an analysis by Attom Data Solutions
'With unprecedented low rates and constrained supply, the housing market should continue to do well,' said Frank Martell, president and CEO of CoreLogic
Thomas Sponholtz, founder and CEO of Unison, explores the idea of trading equity on a home during this panel at ICNY
Stagnant wage growth and booming costs of living are stressing homeowners, according to a new HomeTap study