This home in Haysville was rented in 2021 using a lease with option to purchase, a unique payment structure that can be similar to a contract for deed. A new law regulating contract for deed home ...
“Everything we’re going to talk about today is not just going to stay local, it’s going to go national.” In the James B. Woulfe Alumni Hall at the University of St. Thomas on Aug. 13, Consumer ...
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 Consumer Financial Protection Bureau is cracking down on contract-for-deed home financing deals by requiring that sellers disclose financing costs, assess a borrower's ability to repay and abide ...
The Consumer Financial Protection Bureau (CFPB) on Tuesday released an advisory opinion stating that contracts for deed are under federal home lending rules and should provide consumer protections. In ...
On August 13, the CFPB announced an advisory opinion on the applicability of the Truth in Lending Act (TILA) and Regulation Z to “contracts for deed.” A contract for deed is an arrangement in which a ...
For years, Fartun Weli has been frustrated with the way low-income Somali Muslims in Minnesota have been targeted by shady home sellers edging their way into the community -- by exploiting a principle ...
MinnPost’s reporting is always free, but it isn’t free to produce. We rely on donations from our readers to fund our independent journalism. ProPublica is a Pulitzer Prize-winning investigative ...
The Minnesota Attorney General's Office is investigating potentially exploitative real estate transactions that have targeted Somali and Hispanic immigrant homebuyers in the state. The attorney ...
NOTICE OF TERMINATION OF CONTRACT FOR DEED YOU ARE NOTIFIED: 1. Default has occurred in the recorded Contract for Deed (“Contract”) dated May 31, 2016, and recorded on June 23, 2016, as Document No.: ...
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