Boston-based Hometap has closed a $300 million securitization of home equity investment (HEI) loans originated by the company, marking its fifth transaction in the space. The deal, closed on Aug. 29, included a $231 million Class A tranche rated at BBB(sf) and a $12 million Class B tranche rated at

Mortgage rates at their lowest levels in nearly a year are driving a wave of refinance opportunities for lenders ahead of the Federal Reserve’s expected rate cut next week. The shift is encouraging more borrowers to leave the sidelines, with small rate moves already triggering meaningful activity. “

Last month, President Donald Trump nominated Stephen Miran to fill a vacant seat on the Federal Reserve’s Board of Governors. And much like other Trump administration picks that require Senate confirmation, Miran’s selection has drawn skepticism from Democratic lawmakers. Miran met last week with me

Now that jobs week is over, we are all left with one truth: it really is about the labor market over inflation data when it comes to mortgage rates, which hit a fresh year-to-date low after Friday’s terrible jobs numbers. The question now is whether mortgage rates can drop below 6% and stay there wi