As states take varying approaches to regulating home equity investment (HEI) products, the industry faces an increasingly fragmented legal landscape shaped by consumer protection concerns and uncertainty over whether the products should be treated as mortgage loans.

Under an HEI, homeowners receive upfront cash in exchange for a share of the home’s future value, typically repaying the investment when the home is sold or buying it out before the term ends.

While shared equity and home equity investment products have gained traction as homeowners seek alternatives to traditional debt amid higher interest rates, there are concerns about whether borrowers fully details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com