#securitization

#securitization

The company essentially broke even in reverse originations during Q3 2025, posting a $1 million profit. Meanwhile, Onity's reverse servicing segment recorded $4 million in adjusted pretax income, a rebound from a $3 million loss in Q2 2025 but down from a $10 million gain in Q3 2024. Reverse originations maintained profitability with higher margins on lower volume, Sean O'Neil, Onitys chief financial officer, said during the company's third-quarter earnings call on Thursday morning.

Through each securitization, we're able to transform investor enthusiasm for Hometap HEI asset-backed securities into offerings that provide homeowners with stability and the confidence to reach their financial goals, said Jeffrey Glass, CEO of Hometap. Hometap has now deployed more than $2 billion in home equity investments and served more than 20,000 homeowners. In a recent interview with HousingWire, Hometap chief financial officer Tom Egan said that the company has only scratched the surface of unlocking the full potential of home equity.

"A&D will provide the collateral for the securitizations, while Imperial will structure, manage, and distribute the non-agency RMBS, facilitating their market entry."

Unlock offers homeowners a unique opportunity to access their home equity through HEI contracts without the burden of monthly payments or income checks, fulfilling a critical need in today's market.