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Article: REX Agreement Allows Oregon Homeowners to Convert Home Equity Into Cash Now Without Debt, Interest or Monthly Payments -- Ever.
- Article from:
- Business Wire
- Article date:
- May 6, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO -- Oregon 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 Oregon. The REX Agreement is a real estate equity financing arrangement that enables homeowners to convert a portion of their home's equity into cash now in exchange for granting REX & Co. a portion of the future increase or decrease in the home's value. The REX Agreement became available in Washington in September 2007, and is also available in the states of ...
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Article: Home Equity Niche Freezes; Rex, rivals halt funding of ...
American Banker;
November 19, 2008 ;
700+ words
... ... Inc. of Irvine, Calif., which has resold Rex and EquityKey products, parted ways with Rex in August. Grander, which also arranges mortgage ... customers' stock portfolios, once considered the Rex agreement it offered to be its flagship product, but ...
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