This week, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion and a research report addressing contract-for-deed home financing, also known as a “land contract,” ...
On August 13, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion stating that contracts for deed are “credit” under Regulation Z, and therefore subject to its myriad ...
The storm revealed many homebuyers with contracts for deed who couldn’t access insurance payouts or government loans for disaster relief because their ownership was unclear. The state passed follow-up ...
For years, we have read stories about the mortgage crisis — homeowners in foreclosure, subprime lending, and banks in distress. But in South Texas, there is another major mortgage problem that gets ...