Certain parts of the country have seen higher home equity than others since 2020, according to a new study from Bankrate, New York.
Tag: Home Equity
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.
MBA Home Equity Study Shows Increase in Originations, Debt Outstanding in 2024
Originations of open-ended Home Equity Lines of Credit and closed-end home equity loans increased in 2024 by 7.2% from the previous year when comparing originators that reported in both years.
ATTOM: Home Equity Dips Slightly in Q1
ATTOM, Irvine, Calif., released its Q1 Home Equity and Underwater Report, revealing that 46.2% of mortgaged residential properties were considered equity-rich in the first quarter.
Home Improvements Top Reason to Tap Home Equity, Bankrate Reports
More than half of current homeowners (55%) see home improvements or repairs as a good reason to access built-up home equity, according to Bankrate, New York.
Q&A with Lender Price’s Dawar Alimi: How Product Depth is Helping Lenders Drive Volume, Reduce Cost
MBA Newslink recently interviewed Dawar Alimi, CEO and Co-Founder of Lender Price, to discuss the significance of lenders having product depth to drive additional volume, how automation is driving cost reduction and overall efficiencies and the evolving role of technology in shaping mortgage lending.
Point Survey: 70% of Homeowners with Adjustable-Rate Mortgages Regret It
More than two-thirds of homeowners who have taken out an adjustable-rate mortgage in the past 10 years regret it, according to a new study from home equity investment platform Point, Palo Alto, Calif.
Quote: July 26, 2023
“Home renovations and remodeling drove demand for home equity products in 2022, with roughly two-thirds of borrowers citing it as a reason for applying for a home equity loan.”
–Marina Walsh, CMB, MBA Vice President of Industry Analysis.
CoreLogic Reports Borrowers See First Annual Home Equity Losses Since 2012
U.S. homeowners with mortgages saw their home equity decrease by 0.7% year-over-year–an average loss of $5,400 per borrower–according to CoreLogic, Irvine, Calif.
Scott Roller: Must-See Home Equity Vendor Solutions
In their cyclical fashion, most lenders are dusting off some antiquated home equity programs, most having spent no energy to prepare for this market opportunity. Given the past few years of overflowing refi pipelines, that is not surprising. Why plant corn if the market price for soybeans is breaking records? Conversely, multiple vendors have set themselves up to help lenders and credit unions successfully market, process, service and trade home equity loans and HELOCs.