REX & Co., a San Francisco-based real estate investment company, has announced the introduction of its REX Agreement, a real estate equity financing arrangement, in Colorado. The REX Agreement is a real estate equity purchase agreement that gives the homeowner a portion of the home's equity in cash in exchange for granting the company a portion of the future increase or decrease in the home's value, the company said. It offers access to home equity without interest charges or monthly payments. To qualify, homeowners must have a history of financial responsibility, good credit, and at least 25% equity in their home. The REX Agreement is also available in California, Connecticut, Florida, Illinois, Massachusetts, Oregon, and Washington. The company can be found online at http://www.rexagreement.com.
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The collaboration comes after HUD issued several other updates earlier this year aimed at increasing affordability through loosened homebuilding policy.
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Southeast impairments run 150 bps above other regions and alt-doc loans are up 200+ bps since 2025, while DSCR and full-doc improve. Time to review overlays.
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Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.
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A Treasury proposal would remove race and ethnicity from the criteria community development financial institutions can use to establish a targeted market population, a move that could affect institutions serving minority communities.
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A top official at the Office of Inspector General says significant budget cuts will force large layoffs and essentially eliminate enforcement activities.
October 1 -
The fraud prevention firm has taken an approach to consolidation and a more connected experience similar to that of Rocket and the Real REMAX Group.
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