Home equity loans

While artificial intelligence can quickly analyze and compare products for consumers, social media and other online tools still serve to educate them.

Once regulatory clarity emerges, the home equity investment space will attract more investors and potential new originators, a panel of industry experts said.

The Massachusetts attorney general noted some consumers were caught by surprise when they realized the full cost of their agreements after signing.

The state bill would also mandate third-party appraisal of properties and offer a three-day window for consumers to withdraw from agreements.

Legal arguments in this case hinge on whether products offered by HEI platforms should fall under the Truth in Lending Act.

A year that saw businesses express growing interest in the segment ended with a more subdued outlook due to interest rate trends, according to a new report.

Boomer wealth surged by $19 trillion in just under five years, with approximately half coming from home equity, according to new Freddie Mac research.

Lawmakers asked the company's founder and CEO to provide details ranging from arrangements being made for former customers to his own executive compensation.

Using homeowner data available on ICE's servicing platform, the integration can prompt users to use a self-guided appraisal valuation tool.

The company's closure comes in a year when it touted successful capital investments but also faced growing legal scrutiny.