Homeowners Suing Property Tax Lenders

Property tax lenders are facing lawsuits from homeowners. Lawyers are on all sides of this issue- inside and outside. From the article:

“They are trying to create a different definition for what their loans are,” Texas Bankers Association general counsel John Heasley said of the companies. “Factually, you would have to say these are real-estate-backed loans and . . . that they have a lien backed by the property itself.”

[San Antonio Express News]