FIGRE Trust is preparing to sell securitized bonds secured by recently originated revolving home equity lines of credit (HELOC), with the smallest underlying loan count and a pool balance, $335.7 million, one of the smallest in the program since late July 2025. Processing Content The transaction, FIGRE Trust 2026-HF3, will sell the notes through eight […]
FIGRE Trust issues $335.7 million from pool of HELOC Read More »
Floify announced on Tuesday the launch of Dynamic Apps 2.0, an enhancement to its mortgage point-of-sale platform that lets lenders build and manage fully customizable digital loan applications without engineering support or third-party tools. With Dynamic Apps 2.0, lenders can configure loan application experiences by product type and borrower scenario, extending the Floify POS beyond
Floify launches Dynamic Apps 2.0 to support HELOC, specialty lending Read More »
Figure Technology Solutions confirmed an anticipated consecutive-quarter drop in earnings but reported that its numbers were up compared to a year ago, before it went public. Processing Content The blockchain-based capital marketplace for consumer loans and crypto assets generated $15.2 million in earnings for the fourth quarter of 2025. That number was up 156% from
Figure Technology earnings dip after IPO costs Read More »
Many Americans may not know it, but they’re sitting on a gold mine just waiting to be tapped. The total equity held in real estate by homeowners is now nearly $36 trillion, according to the latest Federal Reserve data. That marks an increase of over $175 billion over the past year. When measured as a
Appraising the evolution of home equity usage Read More »
U.S. lenders are racing to tap homeowners’ record equity, rolling out new HELOCs, non-QM loans, and even blockchain-backed products to capture market share. Boston Consulting Group’s third quarter recap noted that banks are focusing their mortgage operations on deepening customer relationships in order to grow, and this includes increasing second-lien lending. “Lenders continue to expand
From HELOCs to blockchain: home equity moves forward Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now The mortgage industry has invested a huge amount of time and money to create products for tapping the vast amount of home equity equity inside the 145 million residential homes in the US.
The second-lien push that won’t quite catch Read More »
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,
Figure’s marketplace accelerates with $2.5B in Q3 volume Read More »
Covius, a financial services firm that offers insights and technology to the housing industry, says it’s poised for growth through its acquisition of Title365 from Blend Labs. Company executives believe the move will strengthen their foothold in the booming home equity market. The deal, announced in June, is pending regulatory approval, which is expected to
Covius’s Joe Chappell on Title365 acquisition, home equity footprint Read More »
Better Home & Finance is rolling out a new wholesale operation where it’ll offer home equity line-of-credit and closed-end second liens. The lender is touting a wide credit matrix, fast originations and options including 12 and 24 month bank statement approval options for small business owners. The largely direct-to-consumer shop, with an emerging retail arm,
Better launches HELOC, CES wholesale channel Read More »
Executives from Longbridge Financial gathered last week at the National Reverse Mortgage Lenders Association (NRMLA)’s Annual Meeting to discuss the company’s suite of technology tools and lending products aimed at helping wholesale reverse mortgage partners grow their businesses and better serve older homeowners. Wholesale and correspondent manager Bill Nolan opened the company’s session at the event by
Longbridge talks new tech tools at NRMLA meeting Read More »