Blue Owl Capital announced Tuesday that it’s making a $2.5 billion commitment in funds it manages to home equity investment (HEI) platform Point. The newss comes just one month after the companies ...
Point Digital Finance originated the underlying home equity contracts, composed of first lien (11.1%), primarily second-lien (82.9%) and third liens (5.81%) on residential properties.
Home equity loan interest rates are down a bit compared to a year ago, largely thanks to the Federal Reserve's late-2024 rate cuts. Case in point: A 5-year home equity loan averaged nearly 9% in ...
MidOcean Partners has agreed to purchase up to $600 million in home equity investments from Point Digital Finance, enhancing Point's growth and market reach. AI Summary MidOcean Partners, an ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...