News & Resources

Articles and Reports

A New Way to Tap Equity, Washington Post, September 6, 2008

Washington Post – Improbable as it sounds at a time when U.S. homeowners have lost billions of dollars in equity, an industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments.    Read the Article.

Analyzing A REX Agreement, Investopedia.com, August 20, 2008

Investopedia.com – Homeowners who wish to reduce the risks to their home-equity investment, and/or those who have other investment opportunities with higher returns than their home equity, should consider using a REX agreement. This contract is a home-equity risk/return sharing arrangement that allows the homeowner to effectively sell home equity (without selling the house) and reinvest the money. In this article, we'll analyze REX & Company's agreement, the after–tax financial impacts, and take a look at a few examples that will help potential users to evaluate whether they are likely to benefit from them or not.    Read the Article.

REX Agreements Climb As House Prices Decline, Investopedia.com, August 6th 2008

Investopedia.com – Anyone with substantial equity in a home might want to consider using a REX agreement (offered by REX & Company) to reduce the risk of a declining house price. Your investment returns increase because you can redeploy the home equity into other investments that have higher returns. Reducing risk and having more money to invest can both be accomplished without selling your home or borrowing more money.    Read the Article.

A New Way to Tap Equity Without Going into Debt, San Francisco Chronicle, July 6, 2007

San Francisco Chronicle columnist Carolyn Said provides a thorough description and analysis of the Rex Agreement and talks to the chairman of the San Francisco Home Loan Bank Board who offers -- "What is so novel about Rex, as the homeowner you can pull real dollars out of your home and you don't incur debt; that's the significant factor. When you get a home equity loan or pull out through (refinancing or reverse mortgages), you get the equity but you also incur more debt.".    Read the Article.

A New Way to Tap Home Equity, New York Times, June 1, 2007

New York Times mortgage columnist Bob Tedeschi reviews the benefits of the REX Agreement as a new alternative to tapping into home equity—an alternative that, “allows owners to extract cash from their homes without having to take out a traditional loan.”    Read the Article.

Product Taps Home Equity Without Taking Out A Loan, Wall Street Journal, May 11, 2007

The Wall Street Journal’s James R. Hagerty explores the advantages of the REX Agreement in the publication’s Real Estate Journal. According to the article, a REX Agreement, "could be an attractive way for people with lots of home equity to put some of it to work in stocks or other types of investments."    Read the Article.

Are You Relying Too Much On Home Equity?, Fidelity Investor’s Weekly, March 16, 2007

personal.fidelity.com – This article presents a compelling overview of the Fidelity Research Institution report, "The Equity You Live In: The Home as a Retirement Savings and Income Option," which examines the changing role of home equity in the United States.    Read the Article.

Equity Access: Marin Entrepreneurs Create a Revolutionary Plan for Home Financing, Marin Magazine, May 2007

Marin Magazine – “It’s not money from heaven, but two Marin businessmen have spent four years developing a concept they believe comes close. Industry analysts are saying the idea could revolutionize the home finance business.”    Read the Article.

Why Your Home Isn’t the Investment You Think It Is, Wall Street  Journal, March 12, 2007

According to the Wall Street Journal, “Too many people rely on their home as their primary savings strategy. That’s a mistake.” The article provides five ideas to help you more effectively manage your number one asset.    Read the Article.

Across Nation, Housing Costs Rise as Burden, New York Times, October 3, 2006

investorguide.com – “The burden of housing costs in nearly every part of the country grew sharply from 2000 to 2005, according to new Census Bureau data being made public today. The numbers vividly illustrate the impact, often distributed unevenly, of the crushing combination of escalating real estate prices and largely stagnant incomes.”    Read the Article.


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