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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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
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Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
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The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
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At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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