HELOCs

Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.

The addition of HELOCs at SoFi comes alongside the launch of a new advisory group, as the company heightens its focus on real estate lending.

The product preserves borrower's first mortgage, and its potentially lower mortgage rate, without requiring the new monthly payments of a traditional HELOC, FOA says.

FIGRE 2026-HF3 will repay noteholders on a pro rata basis but is subject to a provision that requires the deal to repay noteholders sequentially after a credit event.

The company also revealed more about the impacts of its data breach, and said it doesn't consider the development likely to materially affect its results.

Leverage is moderate in Saluda Grade's pool, yet the junior liens carry slightly more LTV and DTI risk, on a weighted average (WA) basis.

After the end of the draw periods that range from two to five years, the amortization begins, during which borrowers have a repayment period ranging from three to 25 years.

Home equity is becoming a data-driven asset that demands sharper valuation and analytics as lending options expand, according to Clear Capital's EVP of Strategy and Growth.

Bank statement loans, a home equity credit card and a blockchain investment product are among the new offerings designed to reach an $11 trillion market.

Billions in home equity sit untapped as second-lien loans struggle to gain traction, writes the chairman of Whalen Global Advisors.

The lender, which reported over $200 million in home equity line of credit volume in the recent quarter, suggests the business can deliver massive scale.

The largely direct-to-consumer lender will also offer reverse mortgage loans in the latest dealing between publicly traded industry players.

Different markets for home equity products emerge, plus technology changes make it easier and quicker for traditional offerings to reach consumers.

Americans now hold $34.5T in home equity, fueling a surge in home equity loans as lenders race to capitalize on rising property values.

Mortgage tech firms are seeking to take advantage of the expected growth of HELOCs with new platform integrations and enhancements of existing tools.

The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.

The move opened up the blockchain-based transaction to a broader range of investors who only buy bonds that receive top ratings from a major player.

A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.

As lenders expand into HELOCs, fraudulent activity is up. Here's what lenders need to know to protect borrowers and their portfolios.

Interested parties have until July 5 to give their views regarding the new standard for home equity line of credit electronic closing documents.