Two Low-Income Renters-Turned-Homeowners In West Dallas Are Suing Their Former Landlord

The homeowners, who say the money they borrowed to acquire their properties came with onerous, hidden terms.

By Courtney CollinsJune 8, 2018 9:30 am| , , , ,

From KERA:

There’s a lawsuit brewing in west Dallas, where dozens of former renters purchased homes last year.

These low-cost rental properties owned by HMK Ltd. had racked up numerous code violations and were slated for closure after the city of Dallas tightened housing standards.

HMK sold many of those homes to tenants. Now, a lawsuit filed in federal court by two of the homeowners alleges the mortgage contracts are predatory.

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