Massachusetts AG issues rule on shared appreciation mortgages, NCLC calls for broader protections
NCLC welcomed SAM safeguards but warned that similar risks persist in home equity investments, which are not directly covered by the rule
Home Equity Investments
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Unison faces another class-action lawsuit, this time in North Carolina
The case is the latest example of home equity investment providers attracting regulatory and legal scrutiny across the country
Unlock reaches deal with Minnesota AG after home equity agreements were labeled illegal
Minnesota AG secures nearly $1M in relief; Unlock is no longer offering HEAs there
Splitero expands home equity investment offering to four new states
U.S. homeowners hold $35 trillion in home equity, with many locked into low mortgage rates or facing strict income requirements.