Point Securitization Trust News Today

Securitization Backed by Nonagency Closed End Second Lien, Owner Occupied and Investor Mortgage LoansIRVINE, CA / ACCESSWIRE / May 15, 2024 / Vista Point Financial Holdings, LLC ("Vista Point"), a leading

HELOCs, closed-end second mortgages and shared-equity contracts are flooding the zone as first-lien originations dry up.

Palo Alto, California-based fintech Point, which offers home-equity investment (HEI) contracts to homeowners, is expanding its services into Nevada and Ohio. Palo Alto, California-based fintech Point, which offers home-equity investment contracts to homeowners, is expanding its services into Nevada and Ohio.

Two well-known mortgage finance companies in the non-agency space are deep into exploring opportunities in the blockchain market. Here's what Angel Oak and Redwood Trust are planning. Two well-known mortgage finance companies in the non-agency space are deep into exploring opportunities in the blockchain market

Fractional home-equity lender Point has raised an additional $115 million through a Series C fundraising round.

Fintech company Unison expects to bring three additional securitization deals to market in 2022, according to a company executive. The company offers homeowners the opportunity to tap their home equity without taking out a loan.

The $146 million deal could indicate that volume in the asset class has gotten large enough to support programmatic activity in the pricey housing market.

Point, a financial technology platform that allows homeowners to unlock home-equity wealth, and Redwood Trust Inc. have completed the first securitization backed entirely by residential Home Equity Investment (HEI) agreements, issuing approximately $146 million of asset backed securities, the companies said today.