Melissa Macerato discusses the development of Platinum Preserve, highlighting its aim to solve key problems for older homeowners wanting equity access while preserving assets for heirs. The complex development involved extensive legal work and innovative thinking to address market gaps. Macerato emphasizes how this product enhances the existing Platinum suite by adding a legacy planning feature, catering to consumer needs for flexibility and choice that go beyond traditional reverse mortgage options.
Developing Platinum Preserve required extensive discussions, legal structuring, and a lot of thoughtful work to get it right in today's environment.
We understood there was a real gap in the market for a reverse mortgage option that could protect a portion of a homeowner's equity without sacrificing the flexibility they need now.
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