Sen. Tim Scott (R-SC), the ranking member of the Senate Banking Committee, led a coalition of the Committee’s Republican members and 23 members of the House Financial Services to express concern over the proposal to allow Freddie Mac (OTCBQ:FMCC) to purchase and...
EasyKnock, the New York City-headquartered home equity solutions platform, has acquired the assets of the home equity investment firm HomePace. The founding team of HomePace will be joining EasyKnock; executive announcements will be made soon. Terms of the deal were...
The home equity investment platform Point has hired Alex de Calice as head of capital formation. In his new role, de Calice will spearhead the company’s platform capital fundraising efforts and foster strategic partnerships with institutional investors to drive...
U.S. homeowners with mortgages saw their home equity increase 8.6% year-over-year during the fourth quarter of 2023, according to new data from CoreLogic. This represented a collective gain of $1.3 trillion and an average increase of slightly more than $24,000 per...
A new data report from ATTOM determined 46.1% of mortgaged residential properties were considered equity rich in the fourth quarter of 2023, down from 48% one year earlier and down from 47.4% in the third quarter for the second consecutive quarterly decline. The...
Freddie Mac Names Buyers for $428 Million in Delinquent Home Loans
