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News Articles: mortgage industry

EasyKnock says its sale-leaseback deals have helped hundreds of people improve their finances. An NPR investigation found some homeowners who enter into these deals lose tens of thousands of dollars and few buy their houses back.

Senators launch probe into sale-leaseback company, citing NPR's reporting

EasyKnock, the subject of the probe, announced its sudden closure earlier this month.

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By:
  • Caitlin Thompson
Randee Noggle stands in front of her home in Taylor, Mich., on June 30, 2024. She sold the house to the sale-leaseback company EasyKnock, which announced Thursday it's going out of business.

A company that turned homeowners into renters abruptly shuts down

EasyKnock, which pioneered 'sale-leaseback' deals for struggling homeowners, abruptly closes its doors

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By:
  • Caitlin Thompson