The expectation that interest rates will continue to rise throughout the rest of 2022 is resulting in a dramatic drop in refinances. Combined with a lack of purchase inventory, lenders have two choices: cut staff and hunker down or look for opportunities elsewhere. And the best opportunity currently lies in current homeowners tapping into their home equity.
Homeowner equity has never been higher, and with more people planning on staying in their current residence, there’s never been a better time to offer home equity lending programs. Home equity lending offers many benefits over a traditional refinance given the reduced costs and faster speed to close.
But home equity lending also comes with its own set of challenges. This webinar will outline the path for creating a viable collateral valuation strategy for a home equity lending program. You’ll learn about the current state of the housing economy, learn strategies for you to streamline the valuations process and meet regulatory requirements.
Date & Time: August 3, 1pm CT
Sponsored by: CoreLogic
Meet the Panel:
Molly Boesel
Principal Economist
CoreLogic
Mark Chapin
Principal, Mortgage Solution Sales,
CoreLogic
Craig Zielazny
Principal, Product Solutions
CoreLogic
