HELOCs

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.

Closed-end home equity volume was up 13% year-over-year in the fourth quarter, outpacing HELOCs originations, which only grew 8%, TransUnion reported.

More homeowners are willing to take out a HELOC versus three years ago, but a knowledge gap remains around the use cases for the product, MeridianLink said.

Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.

The top five banks have a combined HELOC volume of more than $90 billion at the end of Q4 2024.

ACHM 2025-HE1 will repay notes using a pro-rata, sequential pay structure that must satisfy an overcollateralization test, and cumulative loss and delinquency triggers.

The company turned to automation to address pain points it found in working with lines of credit that mortgage lenders are increasingly originating.