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The Home Equity Lending Integrity Act amends federal lending law to clarify that home equity investment loans are subject to the Truth in Lending Act, which requires lenders to disclose key terms and protections to consumers. A home equity investment loan is defined as a transaction where a consumer receives money or value in exchange for giving an investor a stake in their home's future value and agreeing to pay back amounts based on the home's worth. The bill directs the Consumer Financial Protection Bureau to write regulations ensuring these loans comply with the Truth in Lending Act's consumer protection standards, including enforcement provisions that allow consumers to sue for violations. The legislation affects both lenders offering these products and homeowners who use them as alternative financing. Congress states the amendment simply clarifies existing law rather than creating new requirements, suggesting the bill is meant to close a regulatory gap around these increasingly common home equity products.

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