Pennsylvania Crackdown On CFD's

[Chris Seveney]

Many of you were familiar with Harbour Portfolio and the state of Pennsylvania cracking down on CFD's in the state. Many who bought Harbour loans were contacted by the Attorney General (and ones I know were required to modify the loans with lower interest rates and transfer them to traditional mortgage and note).

For those that have been following, there is another suit pending against many of the bigger players like Vision, One Pine (part of home opportunities). The suit is against 60 firms. 

If you do own CFD's in the state of PA, I recommend reviewing this case (GD-19-014368) and speaking with your attorney about it.