Maine’s governor signed a comprehensive home equity agreement bill last week. The products remain under litigation in other states.

With originations of shared equity products increasing, additional regulations and transparency are needed to protect homeowners, according to analysts at the Urban Institute.

Click n’ Close expands shared appreciation mortgage product offering; and Kiavi promotes Tim Lawlor to the post of chief financial officer.

EquiFi hires new leadership for mortgage division; Encompass Lending to use FICO Score 10T; LoanStream announces July pricing special; Change Lending appoints new CFO.

Steadworth’s shared-equity agreement offering includes downpayment assistance for homebuyers.

NewFi Lending is touting its EquityChoice product as one of the first new mortgage products to hit the market in more than 30 years.

A proposed new rule expanding the GSEs’ ability to purchase loans on properties with private transfer fee covenants should encourage more engagement in shared-equity programs.

The Supreme Court will hear oral arguments next week in a case that could decide the fate of the CFPB; CFPB tracking lending trends from 2022 HMDA data; FHFA looks to expand activity involving mortgages with shared-equity features.

Fannie and Freddie modified their policies to support lower-income borrowers by allowing greater use of downpayment assistance and equity-sharing programs.