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Mortgage

Multiple lawsuits claim Hometap violated TILA in HEI contracts

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The lawsuits allege Hometap improperly structured its home equity investment contracts as “Option Purchase Agreements” to avoid federal and state mortgage lending laws.

Housing Market

Trump calls 21st Century ROAD to Housing Act ‘a yawn’

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The comments came as Trump reinforced prioritization of the Safeguard American Voter Eligibility (SAVE) Act as his top domestic priority.

Housing Market

Questions emerge over Vought’s authority as CFPB acting director’s term nears limit

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CFPB acting director Russell Vought faces an Aug. 1 FVRA deadline as a lawsuit challenges his authority and Regulation B changes.