Unison announces securitization of $443m Unison residential equity agreements

Unison, a San Francisco-based fintech company, has closed a $443 million securitization, which supports residential-equity agreements across the country and gives more access to institutional investors that want to participate in the sector. It is considered one of the largest securitizations of residential equity agreements (REAs) to date, rounding out a historical year of growth for the fintech company.

Home prices have been increasing rapidly during the past year, creating a record $24 trillion of wealth locked in the U.S. housing market according to the Federal Reserve Bank of St. Louis. Unlocking trapped equity, however, has gotten harder as banks have tightened lending standards and traditional home-equity solutions require a homeowner to take on additional debt and monthly payments. This transaction offers the opportunity for investors to access residential real estate equity and increases liquidity for homeowners across the country looking to monetize the equity in on