Habour Portfolio – Home Savers Campaign

Cincinnati sues company over ‘predatory’ land sale contracts, blighted properties – WCPO Cincinnati, OH

April 15, 2017

The City of Cincinnati filed a lawsuit this week against a property investor it accused of making predatory and unconscionable land sale contracts and of owing the city hundreds-of-thousands of dollars for various unpaid fines and fees. Source: Cincinnati sues company over ‘predatory’ land sale contracts, blighted properties – WCPO Cincinnati, OH

Federal Watchdog Agency Steps Up Inquiry Into Home Contracts – The New York Times

April 12, 2017

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The Consumer Financial Protection Bureau, the nation’s top consumer watchdog, is stepping up an investigation into seller-financed home sales that target lower-income home buyers unable to get a traditional mortgage. The regulatory agency on Monday disclosed that it recently ordered two major companies that offer high-interest installment contracts called contracts for deed to comply with […]