On Thursday, Dark Matter Technologies announced the promotion of Vikas Rao from chief technology officer to CEO, with Rao replacing Sean Dugan. At the same time, the Florida-headquartered company announced layoffs impacting 5% of its workforce. The roles affected were not immediately announced. Rao,

Maine Gov. Janet Mills this week signed LD 1901, making Maine the first state to enact comprehensive consumer protections for home equity investments (HEIs), which the new law defines as “shared appreciation mortgage loans.” The bill, titled “An Act to Regulate Shared Appreciation Agreements Relatin

As interest rates remain elevated compared to historic, pandemic-era lows, many homeowners are rethinking how to access cash without giving up the favorable rates they locked in just a few years ago. For originators, that shift is creating a clear opportunity. Demand for home equity lines of credit

The American Dream has a math problem. Millions can’t afford homes. Those who can, can’t find them. And many who already own don’t have enough saved to retire. It’s gridlock, compounding and dangerous enough to stifle homeownership as a pathway to stability, wealth creation, and retirement longevity