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
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic. Continue reading
Rising home equity has increased demand in the cash-out refinance market. But taking out cash against a home isn’t always the smartest idea. Continue reading
During an Inman Connect session Tuesday, founders of Point and EasyKnock said they’re out to revolutionize the concept of home ownership. Continue reading
The average annual equity gain from Q1 2020 to Q1 2021 for homeowners with mortgages is the highest in at least a decade, according to CoreLogic. Continue reading
With home values soaring and mortgage rates still near historic lows, homeowners are cashing out home equity at volumes not seen since the height of the housing bubble. Continue reading
The home equity gains made by Black homeowners in recent years are worth celebrating, but there’s a long way to go. Here are a few ways the industry can help. Continue reading
Connecting your clients to a variety of professionals who can assist with their home purchase and be a resource for their overall financial picture helps establish you as the real estate resource and professional for future home purchase needs. Continue reading
The coronavirus outbreak, we know, is a health crisis and a national economic crisis. It’s also, for many Americans, a personal-finance crisis. Many of us, especially those in our 50s or 60s, are now very worried about our money due to the pandemic. Th… Continue reading
Western states saw the most dramatic gains: Idaho, Wyoming and Arizona saw average gains at $18,700, $17,900 and $14,800, respectively. Continue reading