Home Equity Securities LLC (HES) was formed to create the building blocks required for the launch and development of the US Single Family Owner Occupied (SFOO) home equity capital market.
This market will offer existing and new homeowners a more flexible debt
plus equity home financing structure, allowing them to better manage their financial affairs.
It will allow mortgage investors and distressed homeowners to
more comprehensively and fairly deal with the current foreclosure crises.
And it will allow institutional investors to diversify their investments
into a market as large as the US equity market.
HES has created the operational methodologies and the product structure to support an accelerated commercial launch of this marketplace. The HEFI program is exclusive to HES as a result of Patent #7,516,099, entitled "Method for Managing a Home Equity Sales Program," issued to Home Equity Securities LLC in April 2009 by the US Patent & Trademark Office. If you are interested in receiving further information about the HEFI program and HES, please contact John O'Brien at obrien@haas.berkeley.edu.