Massachusetts orders halt to MV Realty's 40-year listing contracts
Preliminary injunction in Massachusetts says 'homeowner benefit agreements' are actually high-interest mortgage loans and can no longer be offered or enforced until case is resolved
A woman holding up a hand in objection
Following lawsuits in Pennsylvania, Massachusetts, Florida and Ohio, the brokerage is redrafting 40-year contracts that offer homeowners cash in exchange for exclusive rights to list their home
by Andrea V. Brambila Feb 27
Ohio 4th state to sue MV Realty over allegedly 'shameful business model'
Ohio is the latest state to file suit against MV Realty for deceptive practices following probes by regulators over its 'homeowner benefit agreements' in Florida, Pennsylvania and Massachusetts
by Andrea V. Brambila Feb 23
Pennsylvania and Massachusetts latest states to sue MV Realty
State attorneys general call brokerage 'a scam' and allege its business model and contract terms are 'unconscionable' and target elderly and financially vulnerable homeowners
by Andrea V. Brambila Dec 16