Currently most shared equity homeownership programs allow price and owner occupancy restrictions to be terminated in the event that a lender forecloses on an assisted home. This provides the lender with maximum flexibility in reselling the home and recovering their investment. However a number of programs in especially strong housing markets require that restrictions survive foreclosure and this approach has been apporved by Fannie Mae. In those cases, upon foreclosure the lender must ensure that the home is sold to an income qualified buyer for no more than the maximum affordable price. In either case, sponsors of shared equity homeownership programs can often help prevent foreclosures by assisting owners with refinancing or facilitating sale to another eligible buyer.