EasyKnock acquires home equity investment company HomePace

Residential sale-leaseback platform EasyKnock has acquired the assets of home equity investment firm HomePace, the company exclusively told HousingWire on Monday. Goodwin Procter, a global law firm, acted as legal adviser for the deal, but further terms were not disclosed. HomePace, founded in 2020,
Read MoreAre mortgage rates about to fall?

Mortgage rates and the bond market have fallen a bit recently and the spreads between the 10-year yield and 30-year mortgage rate have improved over last year’s levels. In the past two years, demand has always picked up whenever mortgage rates have moved lower with some duration. Even last week, pur
Read MoreBetter taps Chad Smith as new president and COO

Holding company Better Home & Finance hired Chad Smith to be the president and chief operating officer of its mortgage business, it announced on Friday. Kevin Ryan, who previously held the position of president, will continue serving the company as chief financial officer. Before joining Better, ind
Read MoreAssumable mortgage platform Roam partners with national lender on down payment assistance

New York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers, the company announced on Thursday. The new service, Roam Boost, will cater to people with credit scores of at least 640 and down payments of at
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