BSI Financial Services introduced a purpose-built, tech-driven HELOC subservicing platform. BSI's Allen Price said, “HELOCs aren’t a side business — they’re an important portfolio driver." Fitch Ratings assigned ratings to Newrez LLC for HELOCs and CES loans. https://lnkd.in/gUHPg25G
Home Equity Lending News
网络新闻
Laguna Beach，California 3,279 位关注者
News/data about home-equity finance including HELOC, closed end second & HEI originations, servicing, tech and issuance.
关于我们
Home Equity Lending News LLC is the leading source of breaking news & statistics exclusively about home-equity finance - including closed-end second liens, home-equity lines of credit and home equity investment contracts. Our coverage caters to retail lenders, third-party originators, correspondent investors, securitization players, servicers, attorneys, and other home-equity stakeholders. Frequently covered home-equity topics include market metrics?and forecasts, RMBS issuance, and technology updates as well as equity-sharing products. We also analyze and report on quarterly earnings data for home-equity originations, outstandings and performance by individual company. In addition to reporting daily news, HELN collects and curates statistics it reports in its Statistics Tables and categorizes home-equity firms it reports on in its Companies Tables that include home-equity lenders, servicers and service providers. Our free daily reports are available via personal computers, mobile devices and email, and the news is delivered through an intuitive platform that enables readers to experience a distraction-free deep dive into the inner workings of second-mortgage lending. HELN was founded in 2022 by its CEO, Sam Garcia, a mortgage media pioneer and former mortgage banker who originated his first HEL shortly after high school. In 1998, Garcia founded Mortgage Daily, the mortgage industry’s first-ever online-only news publication, where he served as publisher until its sale in 2021. That excellent experience helps him in leading HELN today.
- 网站
-
https://www.HEL.News
Home Equity Lending News的外部链接
- 所属行业
- 网络新闻
- 规模
- 11-50 人
- 总部
- Laguna Beach，California
- 类型
- 私人持股
- 创立
- 2022
- 领域
- mortgage、home equity、HEL、HELOC、2nd mortgage、junior lien、origination、servicing、statistics、RMBS、newsletter、news、technology、advertising、HEI、shared equity、capital markets、equity sharing、HEi、banks和credit unions
地点
-
主要
获取路线
580 Broadway St
206C
US，California，Laguna Beach，92651
Home Equity Lending News员工
动态
-
Consumers continue to increase adoption of digital documents and processes, according to ServiceLink. But digitization diverges by generation. At the same time, Figure has earned global recognition from Fast Company for its AI utilization. Fast Company's Brendan Vaughan said AI was a focus of the 2025 ranking. Figure's Michael B. Tannenbaum said it?“reflects our commitment to transforming the future of the capital markets." A new Xactus API portal, meanwhile, promises to establish new industry standards. James Owens, called the portal a “milestone.” https://lnkd.in/eg9aNX8u
-
-
Home-equity RMBS issuance has already surpassed $6 billion in 2025, as investors absorb transactions featuring unconventional assets. Among the latest activity was a pair of Goldman Sachs deals rated by Fitch Ratings, including a negative-equity scratch-and-dent RMBS and one with the highest DTI ratios in three years. Loans aggregated and securitized by MFA Financial, Inc. included CES loans. PIMCO has launched its first REMIC transaction backed by a diverse mix of underlying mortgage-related assets including CES loans. (subscription) https://lnkd.in/gvDwyyyU
-
-
Investor demand for risk is about to be tested again, as a fresh CES RMBS issuance from Vista Point Mortgage, LLC will drive YTD CES issuance above $4B. Vista, New American Funding and Home Mortgage Alliance Corporation (HMAC) NMLS #1165808 were primary originators. Nearly 2/3 of loans are secured by CA properties, and over 2/3 were originated by brokers. Morningstar DBRS is rating the deal. (subscription) https://lnkd.in/gDnuDyFY
-
-
A large CES RMBS offering with checkered payment histories and seasoned terms is heading to market via Goldman Sachs, marking one of the largest CES-backed RMBS so far this year and drawing attention for its below-market WAC. servicers include Nationstar Mortgage, Rocket and Select Portfolio Servicing. The deal is being rated by Fitch Ratings. (subscription) https://lnkd.in/gw9SPHXV
-
-
Fewer fix-and-flip properties were sold by real estate investors during 2024 than a year earlier, ATTOM reported. Also falling was the share of transactions used RTL financing. But a larger ROI was recorded, with Pittsburgh experience the highest return. ATTOM's Rob Barber said, "This year poses significant uncertainty for investors." https://lnkd.in/gaVcUDxG
-
-
Home-equity securitizations are set to surpass $5 billion this year following?Figure’s?latest issuance, which also features the highest credit scores seen in new HELOC RMBS since mid-2024. Morningstar DBRS is rating the deal. (subscription) https://lnkd.in/g9wUgtNB
-
-
A HELOC issuance later this month has the lowest CAC of any junior lien HELOC deal since at least 2022, a high CA concentration, and an elevated investor share. The RMBS issuance stands out with a CLTV ratio that is the lowest seen in any HELOC or CES securitization since 2021.?Broker-originated lines from United Wholesale Mortgage account for a majority of the loans. KBRA is rating the deal. (subscription) https://lnkd.in/g42bNbMB
-
-
Better?recorded an explosive surge in home-equity originations last year, with fourth-quarter volume spiking 416% from the prior year and full-year lending nearly reaching a half-billion dollars. The fintech also made headway in cutting losses, slashing its annual shortfall by more than half. CEO Vishal Garg said, “We are pleased with the growth we achieved in 2024 through a challenged environment." https://lnkd.in/gSCsEqkQ
-
-
An RMBS transaction that is set to close next week marks a recent milestone in the CES market by featuring the lowest WAC in three years. The deal, backed by loans originated by Newrez LLC and loanDepot.com, LLC, reflects ongoing rate trends affecting home-equity financing. KBRA and Fitch Ratings are rating the deal. (subscription) https://lnkd.in/gTRw_FvZ
-