Bethpage Federal Credit Union: How Homeowners Are Impacted by Rising Rates
May 09, 2022 12:00 ET
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Bethpage Federal Credit Union
NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) -- In March, the US Federal Reserve raised interest rates for the first time since 2018. Rates increased by .25 percentage points, and the Fed anticipates six...
Bethpage Federal Credit Union: Does Refinancing Make Sense Today?
May 09, 2022 12:00 ET
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Bethpage Federal Credit Union
NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) -- During the pandemic, many homeowners refinanced their home mortgage and home equity lines of credit. Now in this post-pandemic era, the Fed is announcing...
TruStone Financial Employees Rank Top in Nation for HELOC and Mortgage Origination
April 27, 2021 09:57 ET
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TruStone Financial Federal Credit Union
PLYMOUTH, Minn., April 27, 2021 (GLOBE NEWSWIRE) -- Six employees of TruStone Financial Credit Union have been recognized by the Scotsman Guide as Top Home Equity Line of Credit (HELOC) and Mortgage...
Survey: Cash-strapped Canadians may be treating homes like ATMs to pay bills
August 20, 2019 06:00 ET
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MNP Ltd.
Three in ten Canadian homeowners with a HELOC say they have used the funds borrowed to pay down other debts.Over a third say they have used the money to do things they otherwise wouldn’t have been...
EasyKnock Raises a $215 Million Series A to Launch MoveAbility Product
May 09, 2019 10:06 ET
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EasyKnock
NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) -- EasyKnock, the first institutionalized residential sale leaseback company in the United States, has raised a $215 million Series A round from new and...
Home Equity Borrowing Poised to Soar
October 17, 2018 06:00 ET
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TransUnion
TransUnion study determines need to understand how consumers may use such loans CHICAGO, Oct. 17, 2018 (GLOBE NEWSWIRE) -- A surge in home equity borrowing may soon be on the horizon. A new...
EasyKnock Secures New Venture Capital Funding to Unlock Home Equity for Millions
September 19, 2018 13:44 ET
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EasyKnock
NEW YORK, Sept. 19, 2018 (GLOBE NEWSWIRE) -- EasyKnock, the first institutionalized residential sale leaseback platform in the world, announced today that it has closed $3.5 million seed financing...
The Return of the HELOC: The Number of Consumers Opening HELOCs May Double During the Next Five Years
October 24, 2017 06:01 ET
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TransUnion
CHICAGO, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Approximately 10 million consumers are expected to originate a home equity line of credit (HELOC) between 2018 and 2022. This would more than double the...
TransUnion Study Identifies Framework for Managing HELOC Risk; Up to $79B of $474B in HELOCs May Be at Elevated Risk of Default
August 07, 2014 08:31 ET
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TransUnion
CHICAGO, IL--(Marketwired - Aug 7, 2014) - Nearly 16 million U.S. consumers held approximately $474 billion in balances on home equity lines of credit (HELOCs) as of December 2013, according to a...
Technology Credit Union Now Offers Super Jumbo Loans up to $8 Million
January 24, 2013 18:03 ET
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Technology Credit Union
SAN JOSE, CA--(Marketwire - Jan 24, 2013) - Technology Credit Union (Tech CU) announced today it now offers super jumbo loans up to $8 million on adjustable-rate and $3 million on fixed-rate...