Home equity isn’t just a number on a balance sheet. If used correctly, it has the potential to change the lives of homeowners across the country. HousingWire’s Allison LaForgia sits down with Joe ...
PHILADELPHIA, March 07, 2025--(BUSINESS WIRE)--Spring EQ, a leading provider of home equity financing solutions, today announced that Founder and CEO Jerry Schiano will transition into the role of ...
New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ, the companies announced on Friday. The terms of the deal ...
Deal aims to leverage Spring EQ’s digital processes approach to home equity financing. In a move that signals increasing consolidation in the home equity financing industry, Cerberus Capital ...
The transaction is expected to close in the fourth quarter of 2023 Spring EQ was founded in 2016 Founded in 1992, Cerberus has approximately $60 billion in assets under management Cerberus Capital ...
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