Blockchain Home Equity Loans Now a Reality

2 min read

On September 5, 2019, Caliber Home Loans – a leading American mortgage company, became the first creditor outside of Figure (the creators of blockchain-based platform Provenance) to provide home equity loans directly via blockchain. Caliber, which chose Provenance for the transaction, promises to offer customers a smoother experience while reducing risks and cutting down on long waits. Sanjiv Das, CEO of Caliber Home Loans, said his company was pleased to offer a groundbreaking product: “We think the ease and speed of this process are truly unique. Unlike traditional home equity lending timeframes which often stretch out for weeks, our borrowers can…...

This article is free to read

Login to read the full article


By subscribing to our main site, you will also be subscribed to DDIntel - our regular letter showcasing our featured articles and applications.

Bingran Lu With an academic and professional background in the field of Finance and IT, Bingran has a deep appreciation for data-driven decision making. He is a fan of all things data related. Currently building his dream tool to help everyday people make smart investment decisions.