Most Recent Home equity loans News

HECM endorsements climb even as securitization slips

HECM endorsements climb even as securitization slips

Endorsements of Home Equity Conversion Mortgages climbed higher in June, while securitization volume shrank, painting a mixed picture of the...

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Lock-in effect drives home renovation boom, Redfin says

Lock-in effect drives home renovation boom, Redfin says

With mortgage rates still hovering above 6% and far greater than those seen during the pandemic, homeowners are choosing to...

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US home equity drops $374B as underwater mortgages rise

US home equity drops $374B as underwater mortgages rise

Borrower equity in the U.S. saw a third-quarter pullback, while a corresponding increase in underwater mortgages is raising concerns about...

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Secondary markets see growth in home equity securitization

Secondary markets see growth in home equity securitization

A cloudy mortgage outlook might cause consternation among lenders, but it is opening the door a bit wider for growth...

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