Cara Newman serves as vice president and head of Structured Finance at Hometap, where she has played a central role in establishing the company’s presence within the capital markets. Over the past year, Newman developed and executed Hometap’s securitization strategy, beginning with the company’s inaugural securitization in June 2024, which raised $217 million and attracted 17 distinct investors. This initial transaction marked a significant milestone, bringing new institutional participants into the home equity investment asset class. Since then, she has overseen multiple rated securitizations, creating a consistent issuance cadence that strengthens Hometap’s capital structure and supports its mission of helping homeowners access their equity.
Beyond her work at Hometap, Newman also chairs the Structured Finance Association’s Women in Securitization initiative, where she focuses on the retention and advancement of women in the structured finance industry. She has facilitated Hometap’s involvement in various Women in Securitization workshops and events, helping to integrate the company’s efforts with broader industry initiatives. Her approach emphasizes collaboration and relationship-building within the financial ecosystem, which has contributed to securing diverse capital partnerships.
Newman’s development of a sustainable securitization platform and her strategic leadership have enhanced Hometap’s financial credibility and operational capabilities. Her efforts have created an efficient capital pipeline, enabling the company to serve more homeowners and continue expanding its impact in the housing economy.
Name:
Cara Newman
Title:
Vice President and Head of Structured Finance
Company Name:
Hometap
