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A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.
June 12
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The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
April 17
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The top five banks and thrifts have nearly $96 billion in combined home equity loan portfolios as of September 30, 2023.
January 9
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The top five community banks have more than $670 million in combined home equity loan portfolios as of March 31, 2023.
July 31
