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Home equity buffer remains strong, but underwater homes rise 9%

Housing Wire

Home equity increased nationally by $281.9 year over year, according to the latest CoreLogic Homeowner Equity Report (HER), released Thursday. But the report also noted rising negative equity in some sunbelt states, along with Oregon and Washington, D.C. The average borrower had $303,000 in home equity at the end of 2024.

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Home equity grows in Q2 even with falling home prices

Housing Wire

were equity-rich in the second quarter of 2025, according to ATTOM’s latest U.S. Home Equity & Underwater Report. of mortgaged residential properties had loan balances no greater than half their estimated market value — an increase from 46.2% The equity-rich share had declined after peaking at 49.2% Baton Rouge, La.

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MBA: Home equity debt rose 10% in 2024 — signaling it as a ‘product of choice’

Housing Wire

Total originations of open-ended home equity lines of credit ( HELOCs ) and closed-end home equity loans increased in 2024 by 7.2% That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study. The reasons for tapping home equity are shifting. 31, 2024, analyzed $24.8

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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. According to ICE’s Mortgage Monitor , tappable home equity has grown by $5.5

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Redwood adds alternative loan products to its home equity platform

Housing Wire

Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. Through Aspire, launched in September 2023, Redwood directly originates home equity investments (HEIs).

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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Wolak: Dunmor is trying to continue expanding as a leader in the high-quality residential mortgage origination space.

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Who’s winning the home equity war?

Housing Wire

According to ATTOM’s third quarter 2024 Home Equity and Underwater Report, 48.3% of mortgaged residential properties in the U.S. are considered equity rich. saw a remarkable surge in their equity , gaining an impressive $28,000 on average. According to CoreLogic, total home equity skyrocketed to an astounding $33.8