More Regulation for Home Equity Investment Products? Emerging Federal and State Frameworks, Sept. 24

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About the Event

Home equity investment (HEI) products—including shared appreciation mortgages and home equity agreements—are increasingly under the microscope as lawmakers and regulators debate whether they should be brought under existing mortgage regimes or governed by new, product-specific rules. This webinar will provide a concise, high-level overview of the developing federal and state landscape, including Senate Bill 4803 (the proposed Home Equity Lending Integrity Act) and its effort to bring HEI products under TILA, as well as recent and proposed state actions in Connecticut, Maine, North Carolina, Pennsylvania, and Illinois.

We will examine how some jurisdictions extend traditional mortgage and consumer credit frameworks to HEI products while others are creating bespoke regulatory regimes with unique requirements such as counseling mandates, detailed disclosures, licensing obligations, and APR caps, and we will discuss the practical implications of this fragmented approach for multi-state providers, compliance teams, and product developers operating in an environment where no uniform standard is likely in the near term.

Date/Time:
Thursday, September 24 (1:00 PM – 2:00 PM ET)

Objectives:
Describe the current federal regulatory landscape for home equity investment products, including proposed efforts to bring HEI products within existing mortgage and consumer credit frameworks
Identify key state-level regulatory developments affecting HEI products, including actions and proposals in Connecticut, Maine, North Carolina, Pennsylvania, and Illinois
Compare emerging regulatory approaches, including application of existing mortgage laws versus product-specific requirements such as disclosures, counseling, licensing, and APR limitations
Assess the potential operational and compliance implications of a fragmented regulatory environment for multi-state HEI providers, compliance teams, and product developers

Target Audience:
Mortgage Lenders and Servicers
Compliance and Regulatory Professionals
Legal Counsel and Regulatory Affairs Professionals
Risk Management Professionals
Mortgage Banking Executives and Operations Leaders

Speaker(s):
Christy Hancock, Partner, Bradley
Kyle Owens, Partner, Bradley
Jim Riccitelli, Founder and CEO, Unlock