Published on: August 19, 2022
BY MARVIN STONE, SVP, DIRECTOR OF STRATEGIC INITIATIVES
The recent rise in interest rates, following years of historic lows, has resulted in a sudden and sharp drop in refinance volume. This rapid change is forcing lenders to pivot quickly to focus even more on purchase transactions while also dusting off home equity programs that were long out of favor. From consumer expectations to technology shortcomings, learn more about the modernization of home equity lending and the state of the current environment in this white paper.