While reverse mortgages in the U.S. have struggled to push beyond their current market penetration rate for the past several years, their international equivalents don’t always have the same challenges. Lenders in other countries who make use of home equity tapping in a similar way can have different perceptions and market activity in their territories […]
Global reverse mortgages in the news: growth, delay and launch Read More »
U.S. homeowners tapped nearly $25 billion in home equity through second-lien mortgages during the first quarter of 2025 — the largest volume for this period in 17 years, according to the ICE Mortgage Technology‘s newest Mortgage Monitor report. That marks a 22% increase compared to the same quarter last year. The first quarter is typically
Americans tapped $25B in home equity in Q1 2025 Read More »
Citing the desire among many older homeowners to leave their homes to members of their family, New Jersey-based reverse mortgage lender and servicer Longbridge Financial has announced a new proprietary reverse mortgage product that aims to help borrowers preserve home equity for their heirs. The latest offering in the company’s Platinum line of proprietary reverse
Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs Read More »
John Toohig stood at a podium as the moderator of a panel about home equity lines of credit (HELOCs) and asked an illustrative question of the audience of mortgage professionals. “How many of you have a mortgage first lien, 30-year with a 4% coupon or lower?” A majority raised their hands. “You are all the
Competition for HELOC business heats up as home equity grows Read More »
Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers. The latest enhancements allow users to schedule closings in real-time with expanded options for online and in-branch appointments, and add automatic eligibility checks for remote notarization. Among the new features is a system that
ServiceLink expands closing technology Read More »
Founded in 2006, the key to our success has been consistently providing outstanding customer service. We take pride in treating our clients with honesty and integrity.
NMLS 2042983
DRE 2126218
Copyright © Loanstar Mortgage, and its licensors. All rights reserved. Websites powered by Loanstar Mortgage. This is not a commitment to lend. All loans are subject to final underwriting approval and verifications. NMLS 2042983, DRE 02126218