Jumbo Reverse Mortgages: The Great Disappearing Act of 2008

SAN FRANCISCO – September 11, 2008 – For anyone keeping score, the list of mortgage products that have disappeared over the past 24 months is long indeed. That trend has showed few signs of abating in 2008, with jumbo reverse mortgages among the latest casualties to face Wall Street’s waning appetite for mortgage related products, particularly in high value states with declining markets like California, Florida, Massachusetts and more.    Read the press release.

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.

REX & Co Launches in New Jersey, New York, Virginia, and Pennsylvania

SAN FRANCISCO – August 21, 2008 – Millions of homeowners in the most populated Mid- Atlantic states now have the ability to unlock equity in their homes without ever incurring debt, interest charges or monthly payments. REX & Co., a real estate investment company dedicated to creating safe alternatives to debt financing, announced today that it has expanded the REX Agreement into New Jersey, New York, Pennsylvania and Virginia as it completes its coverage in the Mid-Atlantic region.    Read the press release.

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.

Homeowners Shocked by Frozen HELOCs Find Relief, August 18, 2008

SAN FRANCISCO – August 18, 2008 – For many homeowners, the bad news hit their mailboxes over the past few weeks. For others, the bad news is still to come. Big, well known financial institutions including Bank of America, Washington Mutual, Morgan Stanley and others have recently blanketed customers with notices that their Home Equity Lines of Credit – or HELOCs, have been frozen. Especially hard hit were homeowners in states with higher market values, where home prices have since fallen the most.    Read the press release.

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.

REX & Co Launches in Maryland

SAN FRANCISCO – August 5, 2008 – Maryland homeowners now have the ability to unlock equity in their homes without ever incurring debt, interest charges or monthly payments. REX & Co., a real estate investment company dedicated to creating safe alternatives to debt financing, announced today that it is offering the REX Agreement in Maryland.    Read the press release.

REX Agreement introductory DVD

Introductory video about how a REX Agreement can help homeowners access the equity in their home without taking on debt, interest or monthly payments.    Watch the Video

REX Television Ad #1

Spokesperson shares the stories of how two different couples accessed the equity in their homes. One couple got a home equity loan but now has interest and monthly payments. The other couple used a REX Agreement to get the cash they needed but now have no interest and make no monthly payments.    Watch the Video

REX & Co Launches in Connecticut

SAN FRANCISCO – June 30, 2008 – Connecticut homeowners now have the ability to unlock equity in their homes without ever incurring debt, interest charges or monthly payments. REX & Co., a real estate investment company dedicated to creating safe alternatives to debt financing, announced today that it is offering the REX Agreement in Connecticut.    Read the press release.