Total household debt decreased by 0.1%, or $13 billion, in the second quarter to $18.8 trillion, the Federal Reserve Bank of New York reported. Mortgage balances declined by $74 billion.
Tag: HELOC
Sept. 1: MBA HELOC and Home Equity Lending Workshop
MBA’s HELOC and Home Equity Lending Workshop will examine the evolving HELOC and home equity market landscape and key drivers of borrower and investor demand.
Sept. 1: MBA HELOC and Home Equity Lending Workshop
MBA’s HELOC and Home Equity Lending Workshop will examine the evolving HELOC and home equity market landscape and key drivers of borrower and investor demand.
Sept. 1: MBA HELOC and Home Equity Lending Workshop
MBA’s HELOC and Home Equity Lending Workshop will examine the evolving HELOC and home equity market landscape and key drivers of borrower and investor demand.
Study Finds Widespread Growth in Home Equity Originations
Home equity lending continues to grow, with both outstanding loans and collective credit limits exceeding $1 trillion last year, a new report found.
Chart of the Week: HELOC and Home Equity Loan Origination Volume by Known Borrower Usage
MBA recently completed its 2025 Home Equity Lending Study, tracking trends in origination and servicing for home equity lines of credit (HELOCs) and home equity loans.
Nearly 30% of Homeowners Considering Home Equity Loans, MeridianLink Finds
Nearly three in 10 American homeowners are considering taking out a home equity loan or HELOC in the next 12 months, according to a new survey from MeridianLink, Costa Mesa, Calif.
MISMO Creates Standard for Electronic HELOCs
MISMO, the real estate finance industry’s standards organization, announced that it is seeking public comment on the SMART Doc V3 eHELOC Specification.
MBA: Home Equity Lending Volume Stays Relatively Flat in 2023; Debt Outstanding Increases
Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased in 2023 by 1.5% compared to the previous year, while debt outstandings increased 8.3%.
When Unlocking the Potential of Home Equity, Understanding the Servicing Nuances is Key–Anna Krogh From Dovenmuehle
While traditionally dominated by depositories, independent mortgage bankers are now entering the Home Equity Lines of Credit market, marking a notable shift in the industry.