Why Should Residential Mortgage Owners Care?
1. Buying HELOCs
2. Selling HELOCs
On the other side of the spectrum, many originators of HELOCs have kept the loan origination in their portfolio but are in need of liquidity. Selling via an online marketplace for loan trading has shown to be an efficient and profitable solution. As an example, In a recent large HELOC trade on Stackfolio, the seller earned almost a 2%