In a recent development, the Consumer Financial Protection Bureau (CFPB) has issued a warning regarding contract-for-deed transactions, emphasizing that these transactions fall under the jurisdiction of the federal Truth in Lending Act. This regulatory action underscores the importance of transparency and compliance in such real estate dealings.
Key points:
– CFPB has raised concerns about contract-for-deed transactions
– These transactions are subject to the federal Truth in Lending Act
– Emphasis on the need for transparency and compliance in real estate transactions
You can read this full article at: https://wrenews.com/cfpb-issues-warning-on-contract-for-deed-transactions/
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