#home-equity-lending tag

Mortgage's AI push risks faster bad processes, Figure CEO warns

Figure's platform uses blockchain technology for loan data verification, supporting a large marketplace and significant growth in home equity lending.

Real estate

fromwww.housingwire.com

2 months ago

February Demo Day: Blend

Automated digital origination using real-time data accelerates home equity lending, enabling faster funding, higher pull-through, and operational efficiency plus tax forecasting for cashflow planning.

Real estate

fromwww.housingwire.com

3 months ago

Snapdocs integrates with MeridianLink's LOS for home equity loans

Snapdocs and MeridianLink integration automates signed document flow, digitizes home equity closings, reduces manual work, improves accuracy, and shortens cycle times.

Real estate

fromwww.housingwire.com

4 months ago

Blue Owl commits $2.5B to Finance of America for home equity expansion

Blue Owl provided $50 million equity and $2.5 billion in liquidity to support FoA's expansion into a full-spectrum home equity lending platform targeting retirees.

fromwww.housingwire.com

7 months ago

American Senior Lending launches EquitySelect solution for retirees

Qualification is based on the lifetime cap, resulting in lower monthly payments when determining the debt-to-income ratio (DTI). Today's financial challenges in retirement require reimagined financial solutions built on choice and innovation. We reimagined asset-based lending using home equity. We spent several years designing this product and building a web-calc to provide customized quotes within seconds, said David Peskin, president and CEO of American Senior Lending.

Real estate

fromwww.housingwire.com

7 months ago

AVM testing under fire: New methodology challenges industry norms and raises risk for lenders

Independent AVM testing excluding list prices reveals many AVMs anchor to lists, forcing home-equity lenders to reassess valuation risk under new federal rules.

Real estate

fromwww.housingwire.com

7 months ago

Better's HELOC product helps borrowers pay off $193M in debt

Better.com offers One Day HELOCs through an AI-native end-to-end mortgage platform, reducing borrower monthly payments by about $1,000 on average and scaling originations.

US news

fromwww.housingwire.com

9 months ago