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 ...

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 ...

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 ...

This week, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an advisory opinion and a research report addressing contract-for-deed home financing, also known as a “land contract,” ...

Seller-financed loans known as “land contracts” don’t involve a bank and lack the consumer protections available with traditional home loans. By Ann Carrns With traditional mortgages for lower-priced ...

Consumer Financial Protection Bureau (CFPB) director Rohit Chopra addressed a crowd gathered in person and via livestream for the Bureau’s latest hearing. Credit: Screen shot “Everything we’re going ...

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 ...

People who buy a home using a contract for deed will now have a longer cancellation period to make up unpaid monthly payments after new rules went into effect Aug. 1. Passed in this last legislative ...

The law went into effect July 1 after passing nearly unanimously in the 2024 legislative session. A new law regulating contract for deed home sales is now in effect in Kansas. Contracts for deed allow ...