Splitero no longer accepting shared equity applications

In a separate announcement, San Diego-based fintech announces launch of new real estate brokerage, Splitero Homes, to help homeowners in four states “sell for the highest price.” Continue reading

Figure powering HELOCs for 4 more independent mortgage banks

As it continues to sign private label partners for its blockchain-powered loans, Figure says it’s provided more than $6 billion in HELOCs to roughly 85,000 households. 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

Hometap raises $60M to bankroll growth of its home equity business

The growing business allows homeowners to access their home equity as their property values rise — without taking on more debt. Continue reading

Mortgage lenders deal more purchase loans amid fewer refis

The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. 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

How to explain home equity lines of credit to buyers

Agents have to be prepared to answer complicated questions about home equity lines of credit. In this post, we’ll simplify the subject so you can provide a clear, concise explanation that buyers will understand. Continue reading