While home equity levels remained relatively flat, equity rich properties now make up 48% of all mortgaged properties.
Read More »Senior Home Equity Exceeds Record $11.8T
The National Reverse Mortgage Lenders Association and RiskSpan Reverse Mortgage Market Index hit a record high of 413.22, while senior housing wealth grew by nearly $226 billion in Q3 of 2022.
Read More »Median Home Prices Continue Four-Month Decline
Despite ongoing price corrections, home values in the top 50 metropolitan markets remain elevated up to 66% since the start of the pandemic.
Read More »Breaking Down Q3 2022’s Mortgage Market Opportunities Report
The latest data from Mortgage Coach and Sales Boomerang underscores the opportunity to revisit prospects previously turned down for credit-related reasons, giving lenders the opportunity to offer timely advice and tailored financial solutions to those with newly improved credit scores.
Read More »The Average Homeowner Gained $60k in Equity YoY
Home equity hit a new high in the second quarter according to CoreLogic, as homeowners with mortgages gained a collective $3.6 billion year-over-year over the course of a ...
Read More »Cause and Effect: Home Values Up; Negative Equity Down
CoreLogic’s latest report covering aspects of the first quarter of the year is the Homeowner Equity Report which showed that U.S. homeowners with mortgages have seen their equity ...
Read More »GSEs Affirm Commitment to Equitable Housing Access Nationwide
The Federal Housing Finance Agency (FHFA) has released Fannie Mae's and Freddie Mac's (the GSEs) Equitable Housing Finance Plans for 2022-2024. These plans were designed to complement the ...
Read More »Expert Insights: D&I Recruitment and Retention
Diverse workplaces have been proven to be happier and more productive environments, but Victoria Garcia DeLuca of Guild Mortgage explains how building a diverse workplace doesn’t end at the hiring process.
Read More »Biden Administration Reinforces Efforts to Reduce the Homeownership Gap
HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.
Read More »5 Reasons Home Equity Loans Are Coming Back
From pandemic pressures to supply chain challenges, Dan Bailey of WFG Lender Services discusses how homeowners are looking to access their homes’ equity.
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