Homeowners aren’t flocking to equity as a safety net

There’s good news and bad news for mortgage originators who aim to offer assistance to cash-strapped homeowners during the ongoing coronavirus pandemic. First, the good news: According to Black Knight, the amount of tappable home equity across the U.S. as of first-quarter 2020 increased by 8% year over year to a record-high $6.5 trillion. And […]