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Home equity products light up a dark housing market

Housing Wire

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Equity 421
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Announcing the 2023 HW Insiders!

Housing Wire

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Insiders

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Katherine Loveland to take helm at Volly

Housing Wire

Massachusetts-based Volly is a provider of marketing, customer engagement strategies and lending technologies for the mortgage industry. The company’s platform also includes a marketing portal for brokers that offers personalized branding and compliance technology.

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FOA’s Sieffert on ‘massive pivot’ in 2023, reverse mortgage opportunities ahead

Housing Wire

Finance of America Companies (FOA) President Kristen Sieffert is bullish on the prospects for the reverse mortgage industry’s leading lender in 2024, particularly after the company went through a series of major changes last year, including the acquisition of American Advisors Group (AAG).

Mortgages 409
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Opinion: Proptech’s big miss

Housing Wire

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. On the one hand, finance in general is a very well-established category with data-driven rules and clear processes. Category 1 is a different beast. Like the Roman god Janus, it has two faces.

Finance 420
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The Real Brokerage looks to build on 2023’s explosive growth

Housing Wire

The white label tech stack Real’s technology has a 100% adoption rate by all agents, as they must use it in order to receive their commission. Founded in 2014 by CEO Tamir Poleg and chief technology officer Gal Weiss, Real managed to fly mostly under the radar until it went public in 2020. It is a straight white label,” Srivatsaa said.

Brokerage 458
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HW acquires Reverse Mortgage Daily to support HECM knowledge

Housing Wire

With underfunded retirement savings vehicles, home equity may prove to be one of the most important financial assets for funding a comfortable retirement. My view is that HECM products will continue to grow in importance as a critical home equity extraction vehicle for our aging population of homeowners.

Mortgages 410