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Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas

Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas

by Phil Hall | Jan 15, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

California Gov. Gavin Newsom issued an executive order to protect Los Angeles County victims of the ongoing wildfires from predatory land speculators offering unsolicited cash offers to purchase their property. In a statement from the governor’s office, the executive...
CFPB Issues Warning on Contract-for-Deed Transactions

CFPB Issues Warning on Contract-for-Deed Transactions

by Phil Hall | Aug 14, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has released an advisory opinion and research report highlighting predatory lending concerns related to contract-for-deed home selling. In a press statement, the CFPB warned that contract-to-deed transactions “often have...

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