Tag: predatory lending
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When Your Fixer-Upper Isn’t Yours: The Struggle for Rent-to-Own Deed Rights
Maria and Enrique, a real couple with one young child, signed a contract for deed. They believed they were buying themselves a fixer-upper home. They restored the plumbing, electricity, heating and AC, and finally moved in. But when they felt ready to sell their fixed-up home, they were told their seller never fully owned it…
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Feds Target Predatory Lenders, Call Out “Nightmare” Scenarios for Deed Seekers
The U.S. Consumer Financial Protection Bureau (CFPB) is acting to block predatory financing, redlining, and zombie mortgages. What’s all this about predators, red lines and zombies, you ask? Let’s break it down.
