Housing Wire

SEPTEMBER 17, 2024

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.

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Housing Wire

MARCH 4, 2025

He spent 11 years at technology company Oracle serving in multiple roles as an engineering architect, and his experience is seen as a key driver of FOAs technology modernization initiatives, the company said.

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Housing Wire

AUGUST 5, 2024

trillion in mortgage debt, pushing mortgage holder equity to a new high of $17.6 On top of that, tappable home equity reached a new high of $11.5 year-over-year increase, according to new data from ICE Mortgage Technology. million mortgage holders who have access to $500,000 or more in tappable equity, while nearly 1.2

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Housing Wire

MAY 3, 2024

The dismal 2024 mortgage market has one very silver lining: $32 trillion in home equity. Compare that with $30 trillion in financeable equity — it dwarfs it. You have to think about how you monetize that equity,” Deitch said. You have to think about how you monetize that equity,” Deitch said. “So,

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Equity Technology Loans Lending 448

Housing Wire

MARCH 27, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , took another step this week to become a public company, just one week after announcing a reorganization of its enterprise structure. Securities and Exchange Commission (SEC) regarding the proposed initial public offering of its equity securities.

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Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. homeowners with outstanding mortgages — some 63% of all homes — home equity tied up in properties jumped by 6.8%

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Housing Wire

OCTOBER 24, 2024

This new funding demonstrates that we’ve hit the milestones to prove our software is best in class and will allow us to double down on our technology to deliver even more value to the industry.” Valon’s platform offers traditional purchase and refinance products, alongside alternative products like home equity lines of credit ( HELOCs ).

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Housing Wire

APRIL 16, 2024

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

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Equity Investor Technology Industrial 459

Housing Wire

JANUARY 22, 2025

Online real estate marketplace Auction.com announced Wednesday that it is launching SmartSale, a technology-powered option to foreclosure that lets distressed homeowners list and sell their property. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

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Proof of funds Equity Technology Banks 370

Housing Wire

DECEMBER 3, 2023

Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth. Indeed, in recent quarters, equity withdrawal rates have been running at less than half their long-run averages.

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Equity VA loan FHA loan Mortgages 468

Housing Wire

FEBRUARY 20, 2025

Digital homeownership company Better.com on Thursday announced a record 400% growth in its home equity line of credit ( HELOC ) and home equity loan businesses. “What’s unique about our solution there is, we’re not asking them to adopt our technology,” he said about earning customers.

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Housing Wire

DECEMBER 5, 2023

Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes , the company announced on Tuesday. With this new integration, EasyKnock aims to provide homeowners with additional options to convert their home equity into cash.

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Equity Investor Technology Residential 448

Housing Wire

NOVEMBER 15, 2023

Stavvy , a fintech firm specializing in digital and remote collaboration for lending and real estate companies, acquired SigniaDocuments, a technology suite from Texas-based lender Evolve Mortgage Services. The acquisition also facilitates the adoption of digital second-lien products like home equity lines of credit (HELOCs).

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Technology Lending Loans Title 458

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. homeowners saw home equity increase 1.7%

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Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments.

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Equity Finance Purchase and sale agreement Investor 468

Housing Wire

SEPTEMBER 17, 2024

Global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from home equity solutions provider Unison. The product, which rolled out on Tuesday, combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. Unison has more than $1.8

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Equity Loans Finance Mortgages 434

Housing Wire

MAY 17, 2023

Recent home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, according to a report published by Home Equity Lending News. Tappable home equity is expected to decrease to a forecasted $18.1 However, given that home-equity originations were less than $0.5

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Housing Wire

NOVEMBER 13, 2024

Its funded volume was also driven by growth in refinance and home equity originations, including home equity lines of credit ( HELOCs ) and closed-end second-lien mortgages. “In The goal is to combine Better’s AI technology with NEO’s local loan expertise to increase market reach, especially in the purchase mortgage segment.

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Housing Wire

DECEMBER 5, 2023

California-based Pennymac Financial Services ’s broker division, Pennymac TPO , launched a home equity loan product as tappable home equity nears its 2022 peak. A home equity loan — also known as a second mortgage — enables a homeowner to borrow money by leveraging equity in a home. homeowners sit on some $16.4

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Equity Loans Mortgages Technology 448

Housing Wire

JANUARY 12, 2023

The refi boom is in our rearview mirrors and the road ahead looks promising for home equity volume. Who knows how high that volume could go, considering tappable equity is at a historic high of $11 trillion and total home equity at a record $27.8 How do you identify the right home equity partner? Excellent turn times.

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Housing Wire

JUNE 20, 2023

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Cagney’s attempt to bring blockchain technology to mortgage lending at scale dates back to August 2021.

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Lending Technology Pre-approval Equity 370

Housing Wire

NOVEMBER 9, 2023

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. While Americans sit on approximately $32 trillion in home equity , only 50% of homeowners can tap into that wealth. Nomura Securities International Inc.

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Housing Wire

JANUARY 17, 2025

The company has notified customers that it will no longer accept new applications for home loans but will “continue to service all existing mortgage clients, including those with home equity lines of credit and homes already under construction.”

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Housing Wire

JANUARY 22, 2025

The $15 million investment announced Wednesday from private equity firm LL Funds will help Evernest build a home services platform focused on rental property owners. We’re excited about combining the two companies local property management operations and robust technology products.

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Housing Wire

OCTOBER 28, 2024

While retaining existing customers should remain a key priority, as interest rates fluctuate, lenders should be prepared to support an increase in new business for refinances, purchases and home equity lending. How your technology partner can help Having nimble technology is critical for capitalizing on market dynamics.

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Loan Officer Pre-approval Technology Loans 435

Housing Wire

NOVEMBER 12, 2024

Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Bill Decker, MAXEX president and co-founder, highlighted Wallace’s expertise in mortgage technology as a valuable asset for the company. “The U.S.

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Technology Finance Mortgages Lending 370

Housing Wire

SEPTEMBER 22, 2023

Borrowers everywhere are seeking new ways to tap into their home equity. To help homeowners explore their home equity options, lenders, investors and others in the industry should consider leveraging tech-backed services. But with rising mortgage costs and high interest rates , refinancing doesn’t always make the most sense.

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Equity Inspection Technology Residential 459

Housing Wire

NOVEMBER 26, 2024

In honor of the 2025 Tech100 nomination season, HousingWire asked leaders from last year’s Tech100-winning companies including Flueid , Vesta , Gridbase and MyHome, a Williston Financial Group Company to share some examples of how their technology has helped transform a traditional real estate and mortgage process.

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Housing Wire

APRIL 4, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Sheila Reddy, CEO at Mosaik, to talk about how the company is leveraging their experience building technology solutions for healthcare to benefit real estate agents and homebuyers. Sarah Wheeler: What differentiates Mosaik’s technology?

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Technology MLS Agents Design 448

Housing Wire

MARCH 29, 2023

The demand for home-equity loans, particularly home-equity lines of credit (HELOCs) as well as shared-equity investment products, is now stronger than at any time since before the global financial crisis some 15 years ago. Those 17 deals were backed by home-equity collateral valued in total at $3.9

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Equity Lending Loans Banks 397

Housing Wire

JANUARY 24, 2024

San Diego-based reverse mortgage wholesale lender Smartfi Home Loans has forged a partnership with LoanPASS to use the technology company’s software-as-a-service (SaaS) product and pricing engine in its reverse lending operations.

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Technology Lending Equity Loans 448

Housing Wire

SEPTEMBER 18, 2023

Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. Read on to learn more about Dark Matter Technologies’ plan for mortgage. Gagliano : We believe strongly in technology.

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Technology Mortgages Bankruptcy Industrial 501

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Kim: There are a handful of home equity investment firms in the market. Based on the notion that far too many U.S. How big is it?

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Equity Marketing Investor Loans 463

Housing Wire

OCTOBER 18, 2024

ICE Mortgage Technology presents their solution that also serves as an overhaul of the home financing process. Better for borrowers : A unified system makes things simpler for homeowners, whether they’re making payments, tapping into home equity, or starting new loans.

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Technology Mortgages Marketing Loans 446

Housing Wire

MARCH 11, 2025

ServiceLink’s annual survey analyzes generational trends among recent and prospective homebuyers, tracking housing market sentiment and their intentions to purchase, refinance or leverage home equity this year. For lenders, this provides an opportunity to tap into technology and increase offerings that buyers indicate they want to see.

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Housing Wire

JULY 6, 2023

Apprasial management company Valligent , which was recently acquired by enterprise risk management and collateral valuation services provider VerosTM , announced today that it has integrated with the ICE Mortgage Technology platform Encompass.

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Technology Mortgages Lending Equity 370

Housing Wire

JANUARY 17, 2025

The real estate technology company will be aided on this journey by additional capital it has secured from its ownership group, which includes private equity partner Vector Capital , and brokerages Howard Hanna Real Estate Services and Windermere Real Estate , according to an announcement on Friday. MoxiWorks is looking to up its game.

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