General World News

Alternate equity companies see a lot of potential in senior citizens

The resurgence of alternative home equity tapping companies in the past few years has been of interest to the reverse mortgage industry due to the potential that business has to compete for seniors’ business. Whether discussing arrangements like sale leasebacks or shared equity investments, such products could serve as an alternative to a debt-based option for those looking to unlock a portion of their home’s equity and gain access to additional cash flow.

To gauge how that business is performing particularly among seniors after the COVID-19 coronavirus pandemic, Reverse Mortgage Daily reached out to leaders at three companies: Point, QuantmRE (which details ⇒

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