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Equity Sharing: Yesterday's Solution to Today's
Problem
Is equity sharing, paired with debt financing, a foregone conclusion for the
future of the residential housing market? It sure seems that way, in view
of the Treasury's recent announcement advocating the use of equity sharing
when paired with principal reduction activities (HAMP Update: Supplemental
Directive 10-14). But the question remains; what form and
function of equity sharing will be the most suitable and amenable to
implement across all applications and on a mass scale?
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The Cure To The Housing Crisis: Equity Swaps
Dr. Michael Lissack is interviewed on Switzer TV
February 22 2011
“Dr Michael Lissack, one of the top 25 Wall Street bankers in the 1990s and former managing director of Smith Barney, has turned author. From floods to cyclones to people’s revolutions, he looks at how world forces shape the stock market
and how equity swaps can save the U.S. housing market."
Click
Here To See The Video
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Company Bio
EquiDebt Solutions was formed by a group of seasoned mortgage, capital market, secondary market and legal experts in
order to navigate the mortgage crisis that began in late 2006. The current lack of liquidity in the capital markets
that would allow for efficient exit strategies for performing and non performing mortgage assets has left Mortgage
Note Holders, Portfolio Lenders and those entities holding mortgages in general in a precarious situation.
In addition the hangover from the mortgage crisis has left large inventories of
REO property. EquiDebt
is the first in the nation to offer a new – and patented -- financial vehicle that will change the way loss mitigation
is carried out and how liquidity is brought to a purchase transaction.
EquiDebt is on a mission to breathe life into the HEFI and introduce it as the product that replaces 2nd liens and
HELOCs going forward. Although our focus today is on how the HEFI can be utilized to help resolve the mess we are facing
in the mortgage markets, our ultimate goal is to bring the HEFI into the retail markets so it can be utilized as a purchase
(down payment) and refinance (cash out) tool.
More On EquiDebt
- Currently holds the only unrestricted license to represent the HEFI
- Controls HEX, LLC (Home Equity Exchange), the platform that issues, services and manages the HEFI instruments
- Is partnered with Neil Thomson, Esq who has 25 years legal experience in corporate and real estate law
- Is licensed by Home Equity Securities, the inventor and author of the patents solidifying the proprietary nature of the HEFI security
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