Home equity lending continues to grow, with both outstanding loans and collective credit limits exceeding $1 trillion last year, a new report found.
Tag: HELOC
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.
Dovenmuehle’s Anna Krogh: When Unlocking the Potential of Home Equity, Understanding the Servicing Nuances is Key
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.
Anna Krogh From Dovenmuehle: When Unlocking the Potential of Home Equity, Understanding the Servicing Nuances is Key
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.
Tavant’s Hassan Rashid on Unlocking Home Equity: A Strategic Move for 2024
As we make strides into 2024, American homeowners find themselves amidst an intriguing landscape of financial opportunities, particularly concerning the utilization of home equity.
TD Bank Survey: Homeowners Plan to Tap Into Equity for Renovations
TD Bank, Cherry Hill, N.J., released its HELOC Trend Watch survey, finding that 38% of homeowners who are renovating their properties within the next two years intend to use a home equity line of credit or home equity loan for funds.