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Consumer Protection Agency Cracks Down on Seller-Backed Home Sales

Consumer Financial Protection Bureau Consumer Protection Mortgages Real Estate and Housing (Residential) Regulation and Deregulation of Industry Subprime Mortgage Crisis

Consumer Protection Agency Cracks Down on Seller-Backed Home Sales

Risky contract-to-deed home sales are subject to the same protections as mortgaged-financed homes, the consumer protection agency said.

By Matthew Goldstein

Samsung Recalls 1 Million Stoves That Started 250 Fires and Killed Pets

Consumer Product Safety Commission Consumer Protection Fires and Firefighters Mergers, Acquisitions and Divestitures Ovens and Stoves Recalls and Bans of Products Samsung Group South Korea

Samsung Recalls 1 Million Stoves That Started 250 Fires and Killed Pets

Thirty models of Samsung stoves were part of the recall over fires started by accidental contact.

By Hank Sanders

A Mortgage Alternative for Lower-Priced Homes Comes With Risks

Consumer Protection Content Type: Service Mortgages National Consumer Law Center Personal Finances Pew Charitable Trusts Real Estate and Housing (Residential) Suits and Litigation (Civil)

A Mortgage Alternative for Lower-Priced Homes Comes With Risks

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

Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans

Banking and Financial Institutions Capital One Financial Corporation Consumer Behavior Consumer Financial Protection Bureau Consumer Protection Content Type: Service Credit and Debt Credit Cards JPMorgan Chase & Company Personal Finances Regulation and Deregulation of Industry

Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans

Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt.

By Ann Carrns