By KIMBERLEY HAAS Leaders at Rocket Pro TPO rolled out a new promotion on Monday to help homeowners tap their equity without affecting their current mortgage rates. The company is waiving its $795 origination fee on home equity loans until Aug. 18. If a homeowner uses Rocket Pro TPO’s new automated valuation model, they can…
By PARESH DESHPANDE The mortgage industry in the United States has always been known for its cyclical nature, characterized by fluctuating interest rates and varying economic conditions. Since the onset of the COVID-19 pandemic, the landscape has experienced significant shifts, with interest rates soaring to levels not seen in years. This environment has led to…
PrimeLending introduced a new home equity loan product that allows Americans to combat inflation and high credit card debt with the value stored in their homes. Borrowers can convert home equity into cash, which they can use for anything, including managing finances, covering expenses, and consolidating high-interest debt. Homeowners can access a portion of their…
Fintech LenderClose announced it is rebranding as Coviance, the company announced in a press release. The rebrand “reflects the company’s next phase of growth” as a transformative technology partner that allows lenders to efficiently scale home equity volume and close in a matter of hours. “The evolution of our technology has advanced us into a new…
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