Publisher Touts 'House Hedge'

Published August 29, 2005, 2:00 p.m. EDT

1 Min Read

Taipan Group LLC, a Baltimore-based publisher of financial newsletters, is touting as "revolutionary" a new program that Taipan says enables homeowners to lock in the value of their homes during housing market declines.The House Hedge Program, developed by Taipan analyst Bryan Bottarelli, allows homeowners to own a piece of the top 21 real estate companies trading on major U.S. stock markets, ranging from residential homebuilders and commercial developers to mortgage companies and mortgage insurance companies. As the housing market declines, the companies' stock prices will fall, profiting those invested in the hedge program, Taipan explained. "But there's an additional benefit to the House Hedge Program: homeowners collect payouts," Mr. Bottarelli said. "How much depends on individual circumstances." The company can be found online at http://www.taipanonline.com.

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