Home Equity Trends

Browse articles from all of our Newsletters related to Home Equity Trends.

December 14, 2017 - Inside Mortgage Finance

Home-Equity Lending Declined Slightly in 3Q17, Credit Unions Still Gung-Ho About the Market

The amount of home-equity debt outstanding continued its years-long slide during the third quar-ter, and many top lenders reported slowing production of new loans, according to a new ranking and analysis by Inside Mortgage Finance.


November 22, 2017 - Inside Mortgage Finance

Home Equity Lending May Get a Huge Boost with Senior Homeowners

Senior homeowners are expected to have a wealth of home equity to tap into as they reach re-tirement, according to a new study by the Urban Institute. The institute analyzed the Federal Reserve’s 2016 Survey of Consumer Finances released this fall and concluded that 3.3 million low- and moderate-income seniors have more than $775 billion in un-tapped housing wealth.


November 16, 2017 - Inside Mortgage Finance

Texas Gets Ready to Loosen Home-Equity Regulations After Voters Approve Changes

Texas sticks out like a sore thumb in its regulation of home-equity lending, but the swelling will be reduced somewhat after Lone Star voters approved an amendment to the state’s constitution that will loosen some of the rules.


November 10, 2017 - Inside FHA/VA Lending

Correspondent Platforms Feast on FHA, VA Securitization Market

Correspondent-based lending operations are accounting for a growing share of the FHA and VA home loans pooled in Ginnie Mae mortgage-backed securities, according to a new analysis and ranking by Inside FHA/VA Lending. In fact, correspondent originations are the only production channel to see year-over-year growth in FHA and VA business through the first nine months of 2017. Retail and wholesale-broker production is down for both FHA and VA loans. Correspondent programs are most dominant in the FHA market, perhaps reflecting a preference among large producers to have recourse to a primary-market lender if the government later finds defects in how the loan was originated. Correspondents accounted for 48.7 percent of FHA loans pooled in Ginnie MBS during the first nine months of the year, up from 43.1 percent in all of 2016. Volume was up 1.7 percent from the ... [Charts]


Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%