Cornerstone Financing has introduced the CHEIFS product, allowing homeowners to convert part of their home equity into cash for enhancing financial security in insurance and investment planning.
The partnership with major firms Aquiline Capital and Nomura signals a strong market interest in innovative equity solutions designed for improving retirement funding options for homeowners.
Timothy Gravely emphasized that the firm recognized a critical gap in utilizing home equity for addressing retirement shortfalls, making CHEIFS a significant solution in the financial landscape.
Daniel Anderson expressed that this financing enables Cornerstone's vision to create national awareness and partnerships for CHEIFS, highlighting its potential to reshape home equity usage in financial planning.
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