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Home equity access: How Finance of America bolsters the market with home equity products

Housing Wire

However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market. That growth presents an opportunity for reverse mortgages and home equity loans.

Equity 370
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Equity Smart Home Loans cuts ties to UWM, partners with Rocket

Housing Wire

Equity Smart Home Loans made a splash Wednesday by announcing it is severing ties with United Wholesale Mortgage (UWM) and partnering with Rocket Pro. A lot of our loan officers are struggling. So we’re behind our loan officers, our consumers come first,” Martinez said during the interview.

Equity 273
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Here’s how one CRE veteran helps multifamily investors thrive

Housing Wire

If it isn’t rising interest rates or shifting rental trends, then growing technology is the driving force that prompts investors to evolve. In this executive conversation, van der Reis explores his experience in CRE finance, technology, loan servicing , and risk management. A change is needed.

Investor 468
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Unison unveils ‘hybrid’ home equity sharing loan

Housing Wire

Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. The San Francisco -based Unison calls its new offering the Equity Sharing Home Loan. home equity by the end of this year.

Equity 459
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ICE helps servicers boost customer retention and uncover recapture opportunities

Housing Wire

Integrated with ICEs industry-leading MSP loan servicing system , Servicing Digital provides homeowners with real-time access to detailed and personalized loan and property-related data anytime, anywhere. In fact, ICEs Mortgage Monitor data found that as of November 2024, the average U.S.

Equity 369
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Renovation projects remain popular, but homeowners often need help paying for them

Housing Wire

Mortgage lenders can also benefit from these projects through a variety of products, including home equity lines of credit (HELOCs). The vast amount of home equity accumulated across the country could be a path to addressing these issues. And there are now 32 million borrowers who have at least $100,000 in tappable equity.

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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

billion in equity. Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers.