Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Continue reading

Shared equity platform Point enters Nevada, Ohio as part of larger plan

Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors. Continue reading

Shared equity platform Point to launch down payment product

New offering will provide up to 15 percent of a home’s purchase price to put toward a down payment, helping buyers qualify for pricier homes and avoid private mortgage insurance. Continue reading

Home equity startup Point powers first of its kind securitization

With co-sponsor Redwood Trust, Inc., Point has completed the first-ever securitization backed solely by residential Home Equity Investment agreements. The transaction, which closed on September 23, issued about $146 million of asset-backed securities. Continue reading

New tools to unlock trapped home equity could boost home sales

During an Inman Connect session Tuesday, founders of Point and EasyKnock said they’re out to revolutionize the concept of home ownership. Continue reading

Fintech startup Point raises $122M in latest funding round

Fintech startup Point on Wednesday announced the completion of a $122 million funding round, $22 million of which came from Series B funding led by Prudential Financial and DAG Ventures. Continue reading