MBA: Home equity debt rose 10% in 2024 — signaling it as a ‘product of choice’
Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased in 2024 by 7.2% from the previous year, when comparing originators that reported in both years. That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study
Michael Isaacs out as CEO of Go Mortgage
Go Mortgage‘s majority owner and CEO Michael Isaacs have parted ways, sources told HousingWire this week.Staff at the Ohio-based retail lender were told on Monday that Isaacs’ tenure was over, and that majority owner Jordan Hansell had named himself as interim CEO. The departure was a mutual decisio
Housing inventory growth is starting to stall
Housing inventory growth is starting to stall, despite elevated mortgage rates. As new listings begin their seasonal decline, we might have already reached our peak percentage growth rate for 2025. The recent stalling has already gradually reduced the year-over-year growth percentage by a slight amo
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