Cornerstone Financing LLC secured a $1 billion asset purchase commitment from Fortress Investment Group to expand its CHEIFS home equity investment solution for financial planning.

Target Information

Cornerstone Financing LLC, the creator of CHEIFS (Cornerstone Home Equity Insurance/Investment Funding Solutions), has recently announced a strategic asset purchase commitment of up to $1 billion from affiliates of Fortress Investment Group. This innovative solution enables mass-affluent homeowners to convert dormant home equity into liquidity without incurring interest, debt, or monthly payments. CHEIFS is regarded as the first prime home equity investment funding solution specifically designed for comprehensive financial planning.

By allowing homeowners to access a portion of their home equity, CHEIFS facilitates essential financial strategies such as insurance planning, wealth accumulation, retirement income, annuities, long-term care funding, and generational wealth planning. The partnership with Fortress highlights the success and potential impact of CHEIFS on the financial advisory landscape and mass-affluent families throughout the nation.

Industry Overview

The home equity investment sector in the United States is undergoing significant transformation, driven by an increasing demand for innovative financial solutions that enable homeowners to acce