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...
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...
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...
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...
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,...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
