An issuance later this month that consists of a pool of home-equity lines of credit originated by Achieve Home Loans has the highest weighted-average coupon of any home-equity deal ever tracked by HELN.
Valuation
Home-equity appraisals, AVMs, valuations and automated valuation models
🔒Majority of Loans in Upcoming CES RMBS Had Full Appraisals
The second home-equity transaction this year involves residential mortgage-backed securities to be issued later this month with nearly $400 million in closed-end seconds. A majority of the loans had full appraisals.
Opinion: HEi Servicers Need to Step Up Lien, Valuation Monitoring
By ALLEN PRICE Home-equity investments have become one of the housing industry’s rising stars, thanks to rising home values and the growing number of homeowners seeking to tap into their home’s equity. Yet the future of HEi assets depends largely on whether or not they are serviced effectively and compliantly. To be more specific, without automated lien and valuation monitoring or the proper controls, the market is likely to run into trouble.