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Home Equity

Judge blocks key Hometap defenses in Massachusetts HEI lawsuit

Home Equity, Hometap, HWmember, Lawsuit, Legal, Massachusetts, Reverse, Reverse Mortgage Daily /

A Massachusetts judge has barred home equity contract provider Hometap from arguing that state regulators previously approved or implicitly sanctioned the company’s business model — strengthening the attorney general’s consumer protection lawsuit against Hometap. In a Dec. 19 decision, Suffolk County Superior Court Judge Debra Squires-Lee ruled that such fairness-based arguments cannot be used to […]

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Blue Owl funds commit $2.5B to Point for home equity investments

Home Equity, Home equity loans, HWmember, LendingLife, Mortgage, Origination, Point /

Blue Owl Capital announced Tuesday that it’s making a $2.5 billion commitment in funds it manages to home equity investment (HEI) platform Point. The newss comes just one month after the companies issued the largest securitization ever completed in the HEI space. The new capital will allow Palo Alto, California-based Point to originate about $10

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How parents use home equity to help adult children buy homes

Baby Boomer, First-Time Homebuyers, Gen Z, Home Equity, HWmember, Retirement, Reverse /

Older Americans hold more than $14 trillion in home equity — nearly half the size of the U.S. economy. And while seniors can benefit from tapping their equity through a reverse mortgage product, they can also use the loan proceeds to help family members who might be struggling to afford homeownership. Earlier this week, The

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Figure’s marketplace accelerates with $2.5B in Q3 volume

Earnings, Figure Technologies, HELOCs, Home Equity, HWmember, LendingLife, Mortgage, Origination /

Figure Technology Solutions reached $2.5 billion in consumer loan marketplace volume in the third quarter of 2025 — a 70% year-over-year increase, the company reported Thursday in its first earnings release since going public. Most of Figure’s volume continues to come from home equity lines of credit (HELOCs). New product categories — including crypto-backed loans,

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Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts

Home Equity, Hometap, HWmember, Lawsuit, Legal, Massachusetts, Massachusetts Division of Banks, Reverse, Reverse Mortgage Daily /

A lawsuit filed earlier this year by the state of Massachusetts against home equity investment (HEI) provider Hometap is being allowed to proceed after a ruling in August by a Suffolk County Superior Court judge. And the parties made new filings in court last week as they attempt to convince the court of the merits

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Unison settles lawsuit after HEI product ruled to be reverse mortgage

Colorado, Home Equity, Hometap, Lawsuit, Legal, Massachusetts, Reverse, Reverse Mortgage Daily, Unison, Washington /

A legal battle over the validity of home equity investments (HEIs) and whether they should be classified as reverse mortgages has come to an end in Washington state. Unison, one of the nation’s leading providers of HEI products, settled the case with plaintiffs Charles and Janine Olson, according to court documents reviewed by HousingWire’s Reverse

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Senior homeowner wealth hits new record high of $14.4 trillion

Home Equity, HWmember, ICE Mortgage Technology, Mortgage, NRMLA, Reverse, Reverse Mortgage Daily, RiskSpan /

U.S. homeowners 62 and older saw their housing wealth grow by 4% in the second quarter of 2025 to a total of $14.39 trillion. That’s according to the latest quarterly report released Friday by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan. The previous record for senior-held home equity was $14.18 trillion

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Beeline expects to achieve cash flow positive status by Q1 2026

Artificial Intelligence, Debt, Earnings, Home Equity, HWmember, Lenders, LendingLife, Mortgage, Origination /

Digital mortgage platform Beeline Holdings announced Monday that it has paid off more than $7 million in debt and is positioning itself to become cash flow positive by the first quarter of 2026. The company’s announcement also explained that all secured credit facilities, including senior debentures, were fully repaid as of Sept. 3, 2025. Only

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Detroit’s new 40% down payment assistance program

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The Michigan State Housing Development Authority (MSHDA) announced on Thursday that it is partnering with the Tobias Harris Homeownership Initiative, Guild Mortgage and Homium on a pilot shared-appreciation mortgage program aimed at expanding access to homeownership in Detroit. The effort is backed by Detroit Pistons basketball player Tobias Harris. The mortgage product will provide qualified

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American Senior Lending launches EquitySelect solution for retirees

American Senior Lending, HighTechLending, Home Equity, HWmember, Retirement, Reverse, Reverse Mortgage Daily /

American Senior Lending, a national home equity solutions company, on Wednesday launched EquitySelect, a first-lien home equity loan designed to give retirees more financial flexibility. The nonrecourse loan — meaning that borrowers and their heirs will never owe more than the home is worth — lets borrowers choose their monthly payments, with options as low

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