Modest pilot program approved by federal regulators was opposed by banks who have traditionally provided most home equity loans. Nonbank lenders have already made inroads into the business.
Source: Inman News
Freddie Mac will dip a $2.5B toe into the second mortgage market
Published in cash-out refinancing, fannie mae, FHFA, freddie mac, heloc, home equity, home equity line of credit, home equity loan, Mortgage, refinancing, Regulations, Rocket Mortgage, second mortgage, Select and uwm
More from cash-out refinancingMore posts in cash-out refinancing »
- Fewer homeowners constrained by mortgage lock-in effect
- Pandemic-fueled ‘lock-in effect’ likely to limit new spring listings
- As rates rose, demand for mortgages dwindled every month in Q2
- Homebuyer demand for mortgages ‘consistent and resilient’ in April
- Homeowners are cashing out their equity like it’s 2005
More from fannie maeMore posts in fannie mae »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Mortgage giants ‘very close’ to accepting new FICO score
More from FHFAMore posts in FHFA »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from freddie macMore posts in freddie mac »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from helocMore posts in heloc »
- Better Mortgage seizes the day on Wall Street with $75M raise
- HELOC disruptor Figure boasts $7B market cap after successful IPO
- Better’s losses shrink as AI boosts 2024 loan volume, revenue
- California is 2nd state to revoke LoanSnap’s license this month
- LoanSnap’s business dried up. Now regulators are after its licenses
More from home equityMore posts in home equity »
- Heard of a K-shaped economy? You’re living in it now
- Help baby boomers move into the future with a rental bridge option
- Homesellers are delisting their homes instead of dropping prices
- Here’s the data you need to grow your real estate business right now
- Real Talk: Why the silver tsunami might crash before it crests
More from home equity line of creditMore posts in home equity line of credit »
- HELOC disruptor Figure boasts $7B market cap after successful IPO
- Aven lands $142M in funding to take HELOC credit card nationwide
- Splitero no longer accepting shared equity applications
- Figure powering HELOCs for 4 more independent mortgage banks
- Rocket rolls out home equity loans for debt consolidation
More from home equity loanMore posts in home equity loan »
- How to help senior real estate clients right-size with confidence
- HELOC disruptor Figure boasts $7B market cap after successful IPO
- Rocket rolls out bridge loan to win more business from homebuyers
- Rocket says it could close Redfin acquisition as soon as this quarter
- Aven lands $142M in funding to take HELOC credit card nationwide
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
More from refinancingMore posts in refinancing »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Lower mortgage rates spur homebuyers, but mostly refis
- Pending home sales remain stuck in the mud in September
More from RegulationsMore posts in Regulations »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- ALTA takes aim at seller impersonation fraud: What to know
- Mortgage giants ‘very close’ to accepting new FICO score
More from Rocket MortgageMore posts in Rocket Mortgage »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Why 88% of agent conversations never make it to the CRM
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Fixer-upper or money pit? Key risks buyers face with aging homes
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
More from second mortgageMore posts in second mortgage »
More from SelectMore posts in Select »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
More from uwmMore posts in uwm »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- Lenders getting a jump on higher 2026 conforming loan limits
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
Be First to Comment