General World News

Point closes $508.6M HEI securitization, largest to date

Point on Thursday announced the completion of a $508.6 million rated securitization backed by home equity investment (HEI) assets, marking what the company says is the largest transaction in the HEI market to date.

The transaction, which closed July 15, is Point‘s eighth rated securitization and its second of 2026. More than 30 institutional investors participated in the offering, including eight first-time investors on the company’s platform.

According to Point, the deal reflects continued growth in institutional demand for HEI-backed securities. The company said funding costs declined significantly from its previous securitization completed in February, with spreads on the details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com

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