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Why it’s time to rethink the appraisal default in home equity lending 

Housing Wire

Instead of refinancing, they’re tapping into their equity through home equity loans and HELOC s to finance renovations, cover tuition, or consolidate high-interest debt. That’s well within tolerance for many second-lien lending scenarios and provides a high level of risk mitigation. Alternatives are allowed.

Lending 361
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Data valuation transformed: How AVMs can power property valuations for home equity lending

Housing Wire

In today’s challenging market, higher interest rates and home values have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate reduction , the demand for home equity products remains strong. What are AVMs? What about the property condition?

Equity 370
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Americans tapped $25B in home equity in Q1. That hasn’t happened since 2008

Housing Wire

homeowners tapped nearly $25 billion in home equity through second-lien mortgages during the first quarter of 2025 the largest volume for this period in 17 years, according to the ICE Mortgage Technology ‘s newest Mortgage Monitor report. trillion in home equity entering the second quarter, up 4% from a year earlier.

Equity 486
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Home equity access: How Finance of America bolsters the market with home equity products

Housing Wire

However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market. Jonathan Scarpati: I started with Senior Lending Network out of New York.

Equity 370
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As economic concerns mount, home equity lending is viewed more favorably

Housing Wire

homeowners would consider tapping their home equity via products like a home equity line of credit ( HELOC ) due to ongoing concerns about the economic climate, stemming from a rise in volatility and uncertainty over the past three years. Still, the rise in the potential use of home equity lending comes with caveats.

Equity 345
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NerdWallet enters the mortgage broker world with acquisition of Next Door Lending

Housing Wire

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. 1, NerdWallet is paying $1 million in cash for the outstanding equity interests of Next Door. Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), is one of the owners of Next Door.

Lending 477
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Homeowners have a collective $700B in ‘trapped’ equity

Housing Wire

More than $700 billion in home equity is effectively trapped and inaccessible to homeowners due to a variety of economic circumstances, including employment shocks and shifts in the market that negatively impact their credit scores. This exacerbates existing barriers to credit and access to home equity.

Equity 363