On January 15, 2025, the Consumer Financial Protection Bureau took three coordinated actions related to home equity contracts or investment transactions. Although none of the CFPB’s actions are binding, and may not reflect the new administration’s views, the CFPB seeks to educate consumers and hints at ways that regulators could address those those transactions moving forward.
Read about the CFPB’s stance on home equity contracts in Mayer Brown’s Legal Update.