Judge blocks key Hometap defenses in Massachusetts HEI lawsuit
Massachusetts AG alleges Hometap's HEI product functions as an illegal reverse mortgage violating usury and consumer protection laws, and litigation is ongoing.
Cornerstone launches Prime HEI for mortgage brokers
CHEIFS provides a non-debt, fractional home equity investment enabling homeowners to access cash while retaining ownership; Prime HEI expands broker distribution with lower-cost HEI.
Unlock secures $250 million from D2 Asset Management
Unlock offers homeowners a unique opportunity to access their home equity through HEI contracts without the burden of monthly payments or income checks, fulfilling a critical need in today's market.