HELOCs

The shift to nonbank lenders will put the breaks on non-qualified mortgage and home equity line of credit origination growth.

Live Well Financial, a reverse and traditional mortgage lender that abruptly stopped originating on May 3, will lay off 103 employees, according to a Virginia Employment Commission filing.

The number of homeowners likely to qualify for a refinance nearly doubled in a single week following the largest mortgage rate decline since the housing bubble burst, according to Black Knight.

Point, which provides an alternative to traditional home equity lending products, has raised $122 million in new capital from eight investors to expand its reach.

Home equity is at an all-time high, but consumers aren't taking advantage of this financing option, according to LendingTree.

Having an all-digital process results in lower customer satisfaction for home equity line of credit providers than an all in-person or a mix of methods, a J.D. Power survey found.

Strong loan performance continued into December as all delinquency stages fell annually behind equity gains and the sustained rise of home prices, according to CoreLogic.

Homeowners are stepping up their renovation game this year, which could be good news for home improvement financing, but bad news for the overall housing market as consumers age in place.

While student, auto and credit card balances are at or near record levels, housing debt is shrinking, credit quality is weakening a bit and lending standards, at least in some sectors, are tightening.

Mortgage loan performance remained strong in November as serious delinquencies fell to their lowest reported level since before the housing bubble burst, according to CoreLogic.