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 […]
Blue Owl funds commit $2.5B to Point for home equity investments Read More »
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
How parents use home equity to help adult children buy homes 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 »
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
Hometap continues to fight ‘illegal reverse mortgage’ lawsuit in Massachusetts Read More »
Once again, the latest quarterly New York Fed Household Debt and Credit report reinforces a story I have been talking about for a long time: homeowners in America are in solid financial shape, while those who cling to the narrative of the 2008 housing crisis still require a dose of gloom therapy. Two laws that
A growing foreclosure crisis? Not according to the latest Fed data Read More »
Beeline Holdings announced that its subsidiary, Beeline Loans, has completed its first blockchain-recorded BeelineEquity transactions, becoming the first U.S. platform to tokenize residential home equity at scale. In its initial rollout, BeelineEquity finalized five blockchain-tracked home equity transactions, with five more scheduled this month and another 25 expected to close before the end of the
Beeline completes first blockchain home equity transactions 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 »
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
Senior homeowner wealth hits new record high of $14.4 trillion Read More »
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
Beeline expects to achieve cash flow positive status by Q1 2026 Read More »
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
Detroit’s new 40% down payment assistance program Read More »