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.

The New Product that Lets You Tap Your Home Equity for Extra Cash, Wall Street Journal This Morning, May 8, 2007

Host Gordon Deal and Wall Street Journal Real Estate Reporter Bob Hagerty discuss the advantages of the REX Agreement on this popular early morning news and information program. (Note: REX Agreement segment starts at 13:16. Requires iTunes.) Download the podcast

AIG Financial Products Corp. Announces Strategic Investment In The REX Group, 2007

SAN FRANCISCO – May 13, 2008 – “AIG Financial Products Corp...announced that it has taken a significant minority equity stake in The REX Group, a group of San Francisco-based home finance companies, including Real Estate Equity Exchange, Inc. and Odin Investment Management LLC.”    Read the press release.

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.

The Equity You Live In: The Home as a Retirement Savings and Income Option, Fidelity Research Institute, February 2007

The Fidelity Research Institute argues strongly for diversification, stating that, “Instead of ‘buying bigger’ and thinking of that as an ‘investment,’ anyone interested in assembling a portfolio that has a chance of producing lifelong income, will want to diversify—strongly—beyond their home.” Download the report.

Afford the Care You Need, Money Magazine, September 12, 2006

Money magazine addresses one of today’s hot button issues: long term care. The article states, “Perhaps the only thing scarier than the possibility of needing long-term health care is the prospect of not being able to pay for it. With the average annual cost of nursing-home care in the U.S. projected to rise to $175,000 by 2020, a lengthy stay would decimate the assets of all but the wealthiest Americans."    Read the Article.

Buying or Selling a House: House Rich, Cash Poor, InvestorGuide.com, 2006

investorguide.com – Another argument for diversification comes from InvestorGuide.com, which reports, “People over 65 control a significant portion of the wealth in this country, but much of their wealth is concentrated in the equity in their homes. If Social Security benefits are excluded, just under half of all senior citizens would fall below the poverty line based on their income."    Read the Article.