Tagged: heloc

September 16, 2023 @ 5:04 pm By Tony Zerucha  |  

Data from TransUnion shows that rising interest rates have pooped the credit union account origination party. The newly released Q3 Credit Union Market Perspectives Report can be viewed here. Interestingly, borrowers continue to take advantage of existing credit lines as balances across most credit products… Read More

April 27, 2023 @ 4:29 pm By Omar Faridi  |  

Figure Technologies Inc., a firm focused on transforming financial services through the power of blockchain technology, announced “the close of a HELOC (home equity line of credit) securitization underwritten by Jefferies, Goldman Sachs, and J.P. Morgan.” The FIGRE 2023-HE1 asset-backed securities (ABS) offering “was comprised… Read More

November 4, 2019 @ 6:31 pm By JD Alois  |  

Prosper Marketplace, a leading marketplace lending platform, has launched a Home Equity Line of Credit (HELOC) product in partnership with BBVA. According to a blog post, the HELOC is currently available in Texas, Florida, Arizona and Alabama. Prosper said the two companies are bringing together… Read More

November 15, 2018 @ 2:16 pm By JD Alois  |  

Online lender Prosper will be adding a new digital Home Equity Line of Credit (HELOC) product in 2019, according to a note from the company. The introduction of the HELOC is described as a new milestone for the marketplace lending platform. Prosper is one of… Read More