Behind The News

The Ugly Truth Behind “We Buy Ugly Houses”

Published by ProPublica | May 11, 2023 HomeVestors of America, the self-proclaimed “largest homebuyer in the U.S.,” trains its nearly 1,150 franchisees to zero in on homeowners’ desperation. HomeVestors of America boasts that it helped pioneer the real estate investment industry. Founded in 1996 by a Texas real estate broker, the company has developed a …

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Appeals Court Rules CFPB’s Funding Structure is Unconstitutional

Published by AccountsRecovery.net | October 20, 2022 The Court of Appeals for the Fifth Circuit took a leg out from under the Consumer Financial Protection Bureau yesterday, ruling that the manner in which the agency is funded is unconstitutional and invalidating a rule on payday lending that was issued back in 2017 and was subsequently …

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IRS Refunding $1.2B in Late-Filing Penalties; Here’s How to Collect

Published by FOX Business | September 12, 2022 IRS: Most late-filing refunds will be issued by the end of September The Internal Revenue Service is sending refunds to more than a million Americans who filed their taxes late in the early days of the COVID-19 pandemic – but time is running out for taxpayers to collect …

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Homeless Crisis Hurting Portland Housing Market

Published by FOX Business | September 7, 2022 Portland real estate broker says houses ‘sell for slightly less’ due to homeless camps spreading into residential neighborhoods As Portland residents have started speaking out against far-left politicians over the homeless crisis and crime surge fueling an exodus from the city, a local real estate broker is describing …

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Fannie Mae: Growing List of Fake Employers Showing up on Mortgages

Published by Housing Wire | January 29, 2020 Fannie Mae’s bulletin also provides several examples of fraudulent activity that lenders should be on the lookout for. Back in 2018, Fannie Mae issued a warning to lenders after identifying more than 30 apparently fake companies that were appearing on borrowers’ mortgage documentation as their place of employment. There …

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U.S. Housing Market’s Underproduction Crisis Getting Worse, New Analysis Finds

Published by FOX Business | July 15, 2022 The U.S. homes deficit doubled from 1.65 million to 3.8 million between 2012 and 2019 Up For Growth, a non-profit committed to solving the United States’ housing shortage, is sounding the alarm on the nation’s underproduction of homes. According to a study released by the organization on July 14, the …

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Houston-area Couple Could Lose Home After Being Sued by HOA For Feeding Ducks

Published by KSAT.com | July 10, 2022 Lawsuit seeks monetary relief of no more than $250,000, reports say. CYPRESS, Texas – Ducks are causing quite a bit of ruckus for a Houston-area neighborhood, but the blame is coming down on a retired couple, who could lose their home because of their mayhem. George and Kathleen Rowe, …

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‘Squatter’ with fake lease won’t leave Chicago woman’s home — and cops are powerless

Published by The New York Post | June 8, 2022 An alleged squatter with a bogus lease is refusing to leave a Chicago woman’s house — and there’s nothing cops can do about it, the homeowner said. Danielle Cruz told ABC 7 she recently put the three-bedroom Chatham pad on the market but when a contractor arrived …

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Joe Biden’s Agencies Spike Housing Problems with More Refugees

Published by Breitbart | May 9, 2022 President Joe Biden is importing many refugees who are too poor and unskilled to afford decent housing, according to media reports. At least 100 Afghan refugee families who were dropped off in California are still living in hotels, according to a May 8 report in Spectrum News 1. …

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The CFPB Under Rohit Chopra is Harming Competition and Consumer Choice

Published by U.S. Chamber of Commerce | April 20, 2022 The Consumer Financial Protection Bureau is departing from its core responsibilities by attempting to regulate market competition, shunning procedural requirements under the Administrative Procedure Act, and devising new enforcement powers for the Director. The core mission of the Consumer Financial Protection Bureau (CFPB) is to …

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