General World News

Home equity products light up a dark housing market

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment.

Between the summer of 2019 to date, there have been at least 26 securitization deals backed by home equity products valued in total at some $6.1 billion, according to a review of bond-rating and industry reports. Nearly half of those offerings, in terms of count and value, have played out this details ⇒

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