Unison Launches Innovative Equity Sharing Home Loan to Convert Home Equity Into Cash

While you’ve heard that your house is your biggest asset, you might be unsure how to take advantage of the fact. Property is illiquid–which means, it isn’t ready money you can just use.

Unison, the pioneer of equity sharing agreements, closed a securitization of $165 million of assets, supporting such agreements nationwide and increasing access to institutional investors who want to participate in the novel, lucrative sector of the U.S. Home Equity Investments (HEI) asset class. This transaction, arriving on the heels of a turbulent market, reflects growing confidence in equity sharing agreements as a reliable, gainful asset.

Today, Unison, an equity-sharing firm with approximately $1.69 billion in assets under management, announced that Sandra Taube Godard has joined the organization as its Managing Director for the Investment Management team in Canada. In this newly created role, Ms. Taube Godard will be responsible for bolstering the firm's investment strategy and client relationships across Canadian markets.

If your child is making the transition to college this year, you yourself may be anticipating a transition of your own: the “empty nest.”

Technically, the “Accessory Dwelling Unit” (ADU) has been around since the 1980s, though the concept itself is much older. If the phrase doesn’t ring a bell, you might know it better as “granny house” or “backyard cottage.”

It’s a universal truth that the vast majority of homeowners are sitting on an enormous amount of equity. That equity is most often trapped in their homes, where it can’t be used to help them with their pressing needs.