Article: Getting Closer to a Home Equity Loss Protection Product?(News)

Byline: Amilda Dymi

NEW YORK-Millions of homeowners "underwater" and improvements in housing prices have renewed efforts to create a viable insurance product that would protect homeowners from home-equity loss. Is it doable?

A group of Fortune 100 executives that launched Working Equity Inc. and its signature product, Equity Protection, say yes.

Working Equity Inc. says there is a "pressing need" for homeowner loss of wealth protection. Working Equity co-founder Craig Schmeizer argues that home-equity insurance provides homeowners the type of protection available to lenders through private mortgage insurance.

To Steve Curnutte, ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!