Digital mortgage platform Beeline Holdings announced Monday that it has paid off more than $7 million in debt and is positioning itself to become cash flow positive by the first quarter of 2026. The company’s announcement also explained that all secured credit facilities, including senior debentures, were fully repaid as of Sept. 3, 2025. Only […]
Beeline expects to achieve cash flow positive status by Q1 2026 Read More »
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor. The deadline moved from Sept. 2 to Sept. 30, still leaving enough time for the deal to close in the
Rocket pushes back debt exchange deadline amid Mr. Cooper deal Read More »
As consumer debt surpasses $18 trillion in early 2025, the need for effective and ethical consumer debt reduction solutions has never been more urgent. Both nonprofit and for-profit models offer pathways to financial recovery, but they’re just part of a broader landscape. For real estate agents, mortgage lenders, brokers, and fintech innovators, understanding the full spectrum of
On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis points (bps) from July. July’s figure was
Rent collections improve slightly, but late payments signal strain Read More »
Mortgage originations and home equity lending both increased in the second quarter despite elevated interest rates and home prices, according to TransUnion’s Q2 2025 Credit Industry Insights Report. Originations rose 5.1% year over year, driven largely by a rebound in refinancing. Rate-and-term refinances climbed 44% and cash-out refinances increased 15%. Home equity originations posted their
TransUnion: Mortgage, home equity lending grow despite high rates Read More »
hand holding envelope with overdue bill- vector illustrationAdobe Stock Late-payment rates among U.S. households remained elevated in the second quarter of 2025, driven in part by another steep slide into serious delinquency by student loan borrowers. By the end of June, 4.4% of Americans’ total outstanding debt was in some form of delinquency, according to
More consumers are in delinquency as student loans sour Read More »
Figure Technology Solutions, a blockchain-native capital marketplace, announced on Monday an expansion of Intellidebt, its Direct Debt Payoff (DDP) solution. The move aims to allow borrowers to consolidate existing liens and high-interest debt directly through the loan application process. The upgrade boosts borrower qualification potential by improving combined loan-to-value (CLTV) ratios, debt-to-income (DTI) ratios and
Figure expands Intellidebt offerings for debt consolidation Read More »
Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased in 2024 by 7.2% from the previous year, when comparing originators that reported in both years. That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study. The study, conducted in the spring of 2025 and using
Home equity debt rose 10% in 2024, making it a ‘product of choice’ Read More »
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability. Comments are due by Aug. 25. These installment loans — often referred to as “phantom debt” — gained popularity during the COVID-19 pandemic, particularly among
FHA seeks input on buy now, pay later lending Read More »
The path to homeownership in America has never been easy. But for many millennials — the largest generation in the U.S. workforce — it’s not just a challenge. It’s an increasingly distant goal, and the biggest obstacle standing in the way isn’t always high home prices. It’s often debt. We’ve seen a sharp rise in
Debt is derailing homeownership for a generation — here’s how we can fix it Read More »