Achieve raised its fixed-rate HELOC cap to $700,000 and lowered the starting APR to 5.5%, with up to 90% LTV and 50% DTI.

Americans now owe a record $18.19 trillion in consumer debt, according to Equifax. Rising living costs are pushing many consumers deeper into credit card debt.

Deephaven’s Tom Davis explains why home equity lending is a generational opportunity and how originators can drive borrower retention and growth.

SoFi unveiled an end-to-end digital HELOC and a 50-member advisory council as homeowners aim to keep 2% to 3% mortgages.

Finance of America launches HomeSafe Second Line of Credit in California, a reverse second-lien alternative to HELOCs for older homeowners.

Finance of America has expanded access to its HomeSafe Second product into Indiana, Ohio and Michigan, giving senior homeowners more options for tapping record levels of home equity without giving up their low post-pandemic mortgage rates.

Tom Hutchens, president of Angel Oak Mortgage Solutions, said in an exclusive interview with HousingWire that the non-QM segment still has significant room for expansion.