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Report: Increase in Home Equity Originations, Debt Outstanding During 2024

Report: Increase in Home Equity Originations, Debt Outstanding During 2024

by Phil Hall | Jul 28, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased 7.2% year-over-year during 2024 while total HELOC and home equity loan debt outstanding grew 10.3%, according to the Mortgage Bankers Association’s (MBA)...
Report: Increase in Home Equity Originations, Debt Outstanding During 2024

MBA: Home Equity Lending Volume Remains Relatively Flat

by Phil Hall | Jul 30, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The total origination volume for open-ended home equity lines of credit (HELOCs) and closed-end home equity loans in 2023 were up 1.5% year-over-year while debt outstandings increased 8.3%, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending...
Credit Union Mortgage Originations Down 60% in Q3

Credit Union Mortgage Originations Down 60% in Q3

by Phil Hall | Sep 14, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Credit union activity in the mortgage and home equity line of credit (HELOC) markets recorded a decline during the third quarter of this year, according to new data from TransUnion (NYSE:TRU). The balances on credit union-originated mortgages grew more than 4%...

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