In a divorce refinance, the remaining spouse replaces the joint mortgage and can cash out to pay the other spouse at closing. The buyout amount depends on appraised value, current loan balance, settlement terms and the borrower’s ability to qualify…
Another home equity investment giant is headed to court as consumers continue to accuse the companies of deceiving them and robbing them of their equity. Colorado homeowner Sheila Johnsen sued Unlock Technologies in a state court this week, for violating…
ICE said residential whole loans have been among the fastest growing segments of fixed income yet have lacked a structured price infrastructure. The company characterized the service as filling the gap between securitized and unsecuritized markets, bringing to the whole…
Tapping equity responsibly: HELOCs, fixed loans, and rate risks.
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