CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity. At the ti
Read MoreMLS PIN preliminary settlement approval hearing set for April

After 16 months of back and forth, Judge Patti B. Saris has made it clear that she is ready to move on from the Nosalek commission lawsuit.During a hearing on Monday, Saris announced that she was scheduling the preliminary approval hearing for the settlement agreement reached in June 2023 between th
Read MoreIndigo secures $8M in funding for expansion in 2025

Home negotiations technology platform Indigo just received a large investment to expand its operations in 2025. The company announced this week that it secured $8 million in funding to offer better insights and cohesiveness to real estate agents.Pete Flint at venture capital firm NFX, Clelia Warburg
Read MoreRemodeling industry could benefit from focus on aging in place

Members of the U.S. home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to “future-proof” homes for later life and aging in place.This is acco
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