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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 6 December 2025 M T E C H Verification Services at Equifax. "They need to be able to assess borrower eligibility and make critical lending decisions more quickly while also man- aging costs. By delivering key income and employment data alongside our trusted credit report at the prequalifica- tion stage, Equifax is helping lenders act faster, support affordability, and move the borrower forward in the process with more confidence." For many American consumers, owning a home is a top priority since it may help create wealth that can last for many generations. Equifax thinks that comprehensive data solutions, like In- come Qualify, are essential to promoting affordability. Leveraging data from The Work Number, Income Qualify provides the following data points alongside the Equifax Mortgage Credit Report, where available: • Name/SSN • Employer Name • Tenure • Prior-Year Total Income Income Qualify can assist lenders in evaluating borrowers earlier in the loan process by providing this information prior to origination. Additionally, by purchasing The Work Number at orig- ination with greater knowledge, it can assist lenders in controlling expenses. HOMETAP SECURES $50M TO EXPAND HOMEOWNER SOLUTIONS I n order to enable homeowners to ac- cess wealth without making monthly payments, Hometap has secured $50 million to extend its home equity investing products. Hometap's goal of providing flexible financing alternatives in the face of growing homeownership costs is supported by this grant. Hometap announced that it has raised $50 million in funding led by affiliates of Gallatin Point Capital. Per the latest release, Hometap, which operates in 16 states and Wash- ington, D.C., will use the funds to "accelerate the adoption of its home- owner-first products that help home- owners address life's challenges and opportunities without adding to their monthly expenses." Hometap has deployed over $2.3 billion in home equity investments since launch, supporting more than 22,000 homeowners in strengthening their finan- cial futures. "As the cost of homeownership ris- es, families need practical, flexible ways to access the value in their homes," said Jeffrey Glass, CEO of Hometap. "This financing allows us to further invest in the tools, technology, and education that help homeowners make confident financial decisions. It also reinforces our commitment to broadening home financing options that are aligned with the realities homeowners face today." Matthew Botein, Managing Partner and Co-Founder of Gallatin Point Capital, added, "Today's homeowners face not only the challenge of buying a home, but also the ongoing costs of maintaining it and navigating uncertain economic conditions. This investment reinforces Hometap's leadership in delivering alternative home equity solutions and will help the company reach more people with innovative options that make home- ownership more sustainable." MERIDIANLINK ANNOUNCES INTEGRATION WITH FIRST AMERICAN'S COMPLIANCE SOLUTION T he MeridianLink Mortgage loan origination system (LOS) is now linked with First American Data & Analytics' regulatory compliance tool, RegsData. By giving lenders access to compliance monitoring within the MeridianLink LOS environment, this connection will help ensure that loans satisfy investor and regulatory require- ments prior to closing. "Compliance is a moving target with rules and requirements constantly evolving at the federal, state, and local levels. RegsData takes the guesswork out of compliance by regularly tracking regulatory changes and delivering an automated solution that flags potential compliance issues in real time," said Jen- nifer Menard, Senior Director of Prod- uct Management for First American Data & Analytics. "With this integration into MeridianLink, we're delivering con- venience, speed, and peace of mind that every loan meets the latest requirements before it closes." By comparing loan data to current laws, regulations, and investor guide- lines, RegsData helps lenders reduce risk and expedite loan closings by warning users of possible compliance violations and fee calculation issues early in the loan process. Key benefits of the integration include: • Automatic compliance checks flag issues related to TRID, QM, TILA, HOEPA, and other regulatory violations, eliminating the need for manual review and optimizing workflows. • Fully embedded functionality that enables users to review and act on compliance results without leaving the LOS environment. • Quick and efficient ordering process with reports that are automatically delivered to the eDocs repository. • Interactive PDF reports with click- able summaries linking directly to detailed result sections. • Override capabilities for approved users to adjust fee treatments and condition tolerances. • Historical access to prior orders and compliance reports.