Rick Triola of NotaryCam: It’s Time for a New Definition of Equity

The mortgage industry more aptly seemed to agree to assign the word “historic” to 2021, specifically when referencing the mortgage industry and its production and growth during the year. So, what word will define 2022 in the mortgage industry? Equity.

CoreLogic: Homeowners Gained $2.9 Trillion in Equity in Q2

CoreLogic, Irvine, Calif., said homeowners with mortgages saw their equity increase by 29.3% year over year, representing a collective equity gain of more than $2.9 trillion and an average gain of $51,500 per borrower over the past year.