Tacora Capital to Acquire $300 Million in Future Home Equity from Point Digital

Tacora Capital Management, an asset-based finance firm, has announced a deal to acquire up to $300 million in future home equity from lender Point Digital. The transaction represents a strategic bet on the monetization of homeowner equity through structured finance. The initiative is led by Tacora founder Keri Findley, who brings a specialized background in the mortgage market, having traded subprime mortgage bonds during the Great Financial Crisis. Findley's connection to the partner firm is long-standing, as she has served on Point Digital's board of directors since 2017. To facilitate these acquisitions, Tacora has launched a new investment fund that is currently accepting capital from outside investors. According to a company statement, the fresh capital raised through this fund will be used in part to back the home equity purchases from Point Digital. This move highlights a continuing trend in asset-based finance where firms seek yield by securing interests in future asset appreciation. While the product shares some conceptual parallels with instruments seen prior to 2008, the current execution focuses on providing liquidity within the modern lending landscape.