Home equity investment platform Hometap is facing a surge of litigation from its customers over its shared-appreciation contract product that litigants describe as “predatory and abusive.” Processing Content Consumers accuse Hometap of violating the Truth in Lending Act, for failing to treat their product as a mortgage loan. The recent cases create more scrutiny for […]

Fees for Veterans Affairs interest rate reduction refinancing loans (IRRRLs) could nearly triple if Congress passes the Take Care of America’s Veterans Act as currently proposed. Processing Content The bill has been introduced in both the House and Senate, with the lead sponsors being Rep. Mike Bost, R.-Illinois and Sen. Jerry Moran, R.-Kansas. It combines

In my last HousingWire column, I focused on reviewing AI-generated listing remarks before they reach the MLS. That was about what AI says about a property. This follow-up is about the line between effective marketing and misrepresentation. A listing video may show a drone-style approach, a smooth walkthrough, or a perfectly furnished interior. But what