TRENTON, N.J. – In an effort to protect New Jersey homeowners, the state Assembly advanced Assemblywoman Aura Dunn’s legislation cracking down on a predatory real estate practice that targets cash-strapped residents. At least 15 other states have taken legal or legislative action against a Florida-based company, MV Realty, for...
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TRENTON, N.J. – New Jersey is the latest state to advance legislation targeting a business model that disguises predatory loans as real estate service agreements. On Monday, the Assembly Regulated Professions Committee passed Assemblywoman Aura Dunn’s bill that limits exclusive listing contracts to five years and requires reasonable early...