New York, New York – January 26, 2024 – As HomeLend embarks on 2024, we reflect on our incredible journey. We launched HomeLend Direct, our comprehensive whole loan platform, in the second-half of 2023, amid a historically weak mortgage environment. Despite the difficult market, our volumes have grown over 30% each and every month, solidifying our position as an innovator and end-to-end conduit solution.
Our core mission is to provide solutions through cutting-edge, cloud-based technology for mortgage investors and lenders to trade, process, and invest in mortgage loans efficiently and effectively. HomeLend levels the playing field by providing a platform like those owned by just a few of the largest intermediaries, only more efficient, smarter and out-of-the-box.
2023 was a year of remarkable milestones for HomeLend, including:
- New Programs (HELOC, CES, and ITIN). We launched with a full suite of Non-QM and Agency Products. Based on our investors’ demands, we expanded the HomeLend Direct platform to include HELOC, CES, and ITIN programs.
- Investor Manager Solution. We developed an Investor Manager solution within HomeLend Direct that allows capital markets professionals to execute bulk or loan-by-loan trades more efficiently and dynamically through multiple end investors.
- Transaction Management. We have expanded our offering to include a Transaction Management solution for Investors who lack the existing infrastructure to purchase and process bulk portfolios regularly.
In early 2024, we are expanding our platform to include:
- Credit Enhancement Booster. HomeLend has partnered with two regional banks that will each consolidate loans from the HomeLend Seller Network. The Credit Enhancement Booster allows larger Investors to generate significant loan volume while facing a single credit-worthy counterparty. The investors participating in the Credit Enhancement Booster include many of the largest money center banks and REITS in the market today.
- Additional Programs. We are expanding the platform to include RTL, Doctor, Foreign National, and MSR programs.
- Correspondent Infrastructure. We adapted the HL Direct platform to provide a technology solution for lenders seeking an efficient, low-cost alternative for building a correspondent network.
- BulkHub. We are developing a bulk loan bidding platform to enhance liquidity, allowing Investors and Lenders to buy and sell bulk pools efficiently.
As our evolving platform and technology provides an increasingly competitive edge for our clients, we invite you to join us on this journey. Whether you’re a lender seeking reliable funding, an investor seeking efficiencies and state-of-the-art technology solutions, or an industry partner passionate about innovation, we welcome you to explore the possibilities with HomeLend.
