A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during…
Tag: Home Equity
Shared equity provider EquiFi names Paul Giangrande to head mortgage division
San Jose-based EquiFi Corp., a provider of shared equity financing products, announced Thursday that it hired…
Senior-held home equity bounces back in Q1 2024: NRMLA
Homeowners 62 and older saw their collective home equity levels rise in the first quarter of…
South River president on 2024 reverse mortgage industry’s competitive landscape
Top 10 reverse mortgage industry lender South River Mortgage is aiming to focus on its strengths.…
FHFA grants conditional approval for Freddie Mac second mortgage pilot
The program is only for primary residences and the first mortgage must have a minimum seasoning…
Point, Atalaya Capital close on $141M securitization
Home equity fintech lender Point, in collaboration with its long-time financing partner Atalaya Capital Management, has…
Calque expands its Trade-In Mortgage offering
Calque, a company that partners with lenders to offer non-contingent mortgages to homebuyers, has announced new…
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance
“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide them…
Steve Resch talks about financial planner relationships for reverse lenders
Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America,…
Fintech startup Hitch rolls out white-label HELOC product
New York City-based fintech startup Hitch announced the launch of its Hitch Home Equity White Label…