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

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

4 alternative homeownership models for the non-traditional consumer

Many factors are causing buyers to veer away from the traditional model of homeownership and toward the shared equity model. Here are four homeownership models that break the mold. Continue reading