Glass: Home equity investment is now an established asset class
Jeff Glass · Jeff Glass - Home Equity Investment at Hometap (EP.418) · Nov 21, 2024 · at 43:56
Jeff Glass, CEO of HomeTap, describes the institutional infrastructure that has developed around the home equity investment sector.
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“Today, I would say the home equity investment is still relatively small, but it is an asset class. It's an established asset class. There is Everything that you would expect to be in an asset class in terms of bankers who lend to the space and securization bankers and bond buyers who are looking at the Q-sips and understand how to value them and intermediaries like diligence providers and accounting firms that know what to do and lawyers that understand the transactions and backup servicers that are in place in case there's a problem and you need to help homeowners and something goes wrong with the company.”
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