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Planet Financial Group raises $475M in unsecured debt offering 

Housing Wire

Planet Financial Group , the parent company of Planet Home Lending , completed the issuance of $475 million in senior unsecured notes this week, the latest mortgage company to raise debt in an oversubscribed transaction. interest rate, are due in December 2029. billion in mortgages between January and September, marking a 33.7%

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Understand home equity lending and how lenders can acquire home equity customers

Clear Capital

Mordor Intelligence estimates that as of 2024, the home equity lending market size is estimated at nearly $31 billion, and is expected to grow to $36 billion by 2029. As home prices appreciate and homeowners make mortgage payments over time, the share of the home that they own grows — this is home equity. What is home equity lending?

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