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Michigan

Courts, regulators tackle whether “sale-leaseback” deals are actually loans

Courts are tackling the question of whether sale-leaseback deals function more like a mortgage than an outright sale – and therefore should be regulated like a loan.

By: NPR
  • Jul 15 2024
  • 41
  • 173 Views
Courts, regulators tackle whether “sale-leaseback” deals are actually loans
Courts, regulators tackle whet
Randee Noggle bought her house in Michigan for $151,000 in 2018. She paid cash, with inheritance left by her grandmother. During the pandemic, her family fell on hard times. Her husbands income work… [+5333 chars]

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