Once again, the latest quarterly New York Fed Household Debt and Credit report reinforces a story I have been talking about for a long time: homeowners in America are in solid financial shape, while those who cling to the narrative of the 2008 housing crisis still require a dose of gloom therapy. Two laws that […]
A growing foreclosure crisis? Not according to the latest Fed data Read More »
Knock, a real estate technology company that helps homeowners buy before they sell, is launching a new loan product. On Tuesday, the company announced the debut of Knock Bridge Loan Plus. The new offering provides the same benefits as the company’s original bridge loan product. This includes its guaranteed backup offer program and the same
Knock launches enhanced Bridge Loan Plus for homebuyers Read More »
Beeline Holdings announced that its subsidiary, Beeline Loans, has completed its first blockchain-recorded BeelineEquity transactions, becoming the first U.S. platform to tokenize residential home equity at scale. In its initial rollout, BeelineEquity finalized five blockchain-tracked home equity transactions, with five more scheduled this month and another 25 expected to close before the end of the
Beeline completes first blockchain home equity transactions Read More »
A legal battle over the validity of home equity investments (HEIs) and whether they should be classified as reverse mortgages has come to an end in Washington state. Unison, one of the nation’s leading providers of HEI products, settled the case with plaintiffs Charles and Janine Olson, according to court documents reviewed by HousingWire’s Reverse
Unison settles lawsuit after HEI product ruled to be reverse mortgage Read More »
The share of U.S. homes that are considered equity rich — where owners owe no more than half of their property’s estimated market value — fell for the third straight quarter, according to ATTOM’s third-quarter 2025 U.S. Home Equity & Underwater Report. About 46.1% of mortgaged homes were equity rich at the end of September,
Home equity slips in Q3, with more properties falling underwater Read More »
Covius, a financial services firm that offers insights and technology to the housing industry, says it’s poised for growth through its acquisition of Title365 from Blend Labs. Company executives believe the move will strengthen their foothold in the booming home equity market. The deal, announced in June, is pending regulatory approval, which is expected to
Covius’s Joe Chappell on Title365 acquisition, home equity footprint Read More »
U.S. homeowners 62 and older saw their housing wealth grow by 4% in the second quarter of 2025 to a total of $14.39 trillion. That’s according to the latest quarterly report released Friday by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan. The previous record for senior-held home equity was $14.18 trillion
Senior homeowner wealth hits new record high of $14.4 trillion Read More »
Finance of America (FOA) will begin offering home equity lines of credit (HELOCs) and home equity loans for homeowners ages 55 and older through the Tinman AI Platform that’s owned by Better Home & Finance Holding Co. At the same time, FOA will become Better’s partner for reverse mortgages, the companies announced Tuesday. “Our partnership
Finance of America partners with Better to expand into home equity lending Read More »
Fifth Third Bank says it has originated more than $5.2 billion in mortgages so far in 2025, ranking among the top 45 U.S. lenders and top 15 banks. The Cincinnati-based bank, already a top 10 mortgage servicer, said it has grown market share in 90% of its key markets this year as it continues to
Fifth Third Bank’s $5.2B mortgage surge in 2025 Read More »
Digital mortgage platform Beeline Holdings announced Monday that it has paid off more than $7 million in debt and is positioning itself to become cash flow positive by the first quarter of 2026. The company’s announcement also explained that all secured credit facilities, including senior debentures, were fully repaid as of Sept. 3, 2025. Only
Beeline expects to achieve cash flow positive status by Q1 2026 Read More »