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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On August 30, the Consumer Financial Protection Bureau (CFPB) issued a Consumer Advisory notifying consumers about actions they should take when their home insurance policy is cancelled or if the cost of the policy becomes unaffordable. For more information, click here. For more information, click here. million to settle the charges.

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The Pros & Cons of Rent-to-Own Home Deals

Credit Corp

Depending on your situation, you may need to save up a large down payment, prove your creditworthiness and then find a home a lender agrees is in your price range. If that sounds like a lot of work, you might be considering a rent-to-own home. Rent-to-own contracts work as a middle ground between a lease and a loan.