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FTC Testifies on Consumer Protection and the Rent-to-Own Industry

WASHINGTON, D.C. - July 26, 2011 - (RealEstateRama) -- The Federal Trade Commission testified today on consumer protection issues relating to the rent-to-own industry. The testimony described the agency’s role in enforcing laws relating to financial issues, provided background on the rent-to-own industry, and described key findings of a 2000 report published by the FTC’s Bureau of Economics on the rent-to-own industry.

Recent Gov & Nonprofit Real Estate Press Releases

Gooden Seeks Transparency in Kaufman County Housing Policies

Congressman Lance Gooden sent a letter to the Dallas Housing Authority requesting answers and greater transparency regarding housing placement trends and neighborhood concentration concerns in Kaufman County. The letter responds to concerns raised by homeowners in the Gateway Parks subdivision in Forney about Housing Choice Vouchers and federal housing policies contributing to increased institutional investor ownership and neighborhood instability