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Orange Bridge’s Co-Invest Enables Homeowners to Diversify Home Equity into Bitcoin

Orange Bridge’s Co-Invest Enables Homeowners to Diversify Home Equity into Bitcoin

by Phil Hall | Dec 5, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Del Mar, California-based Orange Bridge Inc. has launched Co-Invest, which is being promoted as “a simple process designed to unlock capital from the $32 trillion home equity wealth pool for conversion into Bitcoin.” According to the company, Co-Invest enables...
Report: Refinancing Fueled Q3 Mortgage Lending Activity

Report: Refinancing Fueled Q3 Mortgage Lending Activity

by Phil Hall | Nov 21, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.67 million mortgages were secured by residential property (1 to 4 units) during the third quarter, according to a data report from ATTOM. This marked 1.9% increases on both a quarterly and annual measurement. Lenders issued $553.1 billion worth of...
Half of Q2 Mortgaged Homeowners Are Equity-Rich

Half of Q2 Mortgaged Homeowners Are Equity-Rich

by Phil Hall | Aug 1, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly half (49.2%) of mortgaged residential properties were considered equity-rich in the second quarter, according to new data from ATTOM. This marked an increase from the 45.8% level recorded in the first quarter while matching the high point from the first quarter...
PrimeLending Debuts Home Equity Loan Product

PrimeLending Debuts Home Equity Loan Product

by Phil Hall | Jun 19, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Dallas-headquartered PrimeLending has added a new home equity loan product to its offerings. The new loan product offers a fixed-rate repayment over a 30-year term. In announcing the product, the company pointed to Federal Reserve Bank of St. Louis data that noted how...
Q1 Home Equity Levels Up 9.6%

Q1 Home Equity Levels Up 9.6%

by Phil Hall | Jun 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. homeowners with mortgages saw their home equity increase by 9.6% year-over-year during the first quarter, according to data from CoreLogic. This represents a collective gain of $1.5 trillion and an average increase of $28,000 per borrower from one year earlier,...
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