Core Insights - Point has completed a rated securitization of its Home Equity Investment (HEI) assets, issuing $390 million in asset-backed securities, marking its third securitization of 2025 [1][2] - The transaction attracted significant institutional interest, with over $1.6 billion in orders from 29 unique investors, including eight new entrants to the Point securitization platform [2] - This securitization is notable for complying with both U.S. credit risk retention rules and the EU and UK Securitization Regulations, enhancing Point's appeal to European and UK institutional investors [3] Company Overview - Point is a leading home equity investment platform that enables homeowners to unlock their equity for various financial needs without increasing monthly expenses, having worked with over 15,000 homeowners and unlocking more than $1.5 billion in home equity since its founding in 2015 [6] - The company has established itself as a pioneer in the HEI category, having closed six securitizations and setting benchmarks for liquidity, scalability, and transparency in alternative home equity financing [4] Partnership and Collaboration - Blue Owl Capital has co-sponsored this transaction, marking the third collaboration with Point, and has combined seasoned collateral with new originations to issue the largest public HEI securitization to date [5] - The transaction was structured by Barclays Capital Inc., with Nomura Securities International Inc. and Cantor Fitzgerald & Co. serving as joint bookrunners, indicating strong institutional backing and expertise in the issuance process [5]

Palo Alto, Oct. 22, 2025 (GLOBE NEWSWIRE) -- As small business lending continues to tighten for a record 13 consecutive quarters, entrepreneurs are increasingly turning to home equity as a source of startup funding, according to a new analysis from Point, a leading home equity investment platform. Data from the Federal Reserve’s Senior Loan Officer Opinion Survey (SLOOS) shows that bank lending standards for small firms have now been tightening longer than at any point since the Great Recession. Meanwhile, ...

Core Insights - Point has completed a rated securitization of its Home Equity Investment (HEI) assets, issuing $248.6 million in asset-backed securities, marking its fourth rated securitization and fifth overall [1][2] - The transaction was significantly oversubscribed, attracting more than 8 times the initial offering, indicating strong investor interest in HEIs [2][3] - The HEI market has matured over the past 18 months, with issuance volume doubling and the number of transactions tripling in 2024, reflecting increased institutional recognition and investor confidence [3] Company Overview - Point is a leading home equity investment platform that has unlocked over $1.5 billion in home equity for more than 15,000 homeowners since its founding in 2015 [5] - The company's flagship product, the HEI, allows homeowners to access their equity without increasing monthly expenses, providing a solution for debt elimination and financial hardship [5] - Point is backed by prominent investors including Westcap, Andreessen Horowitz, and Blue Owl Capital, and is headquartered in Palo Alto, California [5] Industry Context - The HEI asset class is gaining traction, with the total volume of HEI-backed deals reaching $936 million across five transactions in the previous year, a significant increase from prior years [3] - The successful rating of multiple HEI-backed deals has established important benchmarks for credit quality and performance, indicating a shift from an emerging to an established asset class within alternative housing finance [3] - Blue Owl Capital, a significant player in the asset management space with $273 billion in assets under management, has co-sponsored multiple transactions with Point, reinforcing the growth potential of HEIs [6][4]