From ProPublica's Big Story <[email protected]>
Subject “We Buy Ugly Houses” CEO steps down following ProPublica investigation
Date June 30, 2023 1:31 PM
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Plus: The company said it had kicked out a top franchisee who broke the law. New evidence suggests it didn’t.

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The Big Story
Fri. Jun 30, 2023

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“We Buy Ugly Houses” CEO Steps Down Following ProPublica Investigation <[link removed]> David Hicks, CEO of HomeVestors of America, said in a letter announcing his retirement that recent press coverage of the company’s homebuying practices has taken a “personal toll on me.” by Anjeanette Damon and Byard Duncan

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More From This Investigation

HomeVestors Said It Had Kicked Out a Top Franchisee Who Broke the Law. New Evidence Suggests It Didn’t. <[link removed]> The company said it had cut ties with Cory Evans, the former co-owner of Patriot Holdings LLC, “a number of years” ago, but texts, emails and interviews indicate he was still engaged in the business as recently as March. by Anjeanette Damon and Byard Duncan <[link removed]>

The Ugly Truth Behind “We Buy Ugly Houses” <[link removed]> HomeVestors of America, the self-proclaimed “largest homebuyer in the U.S.,” trains its nearly 1,150 franchisees to zero in on homeowners’ desperation. by Anjeanette Damon, Byard Duncan and Mollie Simon <[link removed]>

HomeVestors Praised ProPublica’s Reporting, Then Tried to “Bury It” <[link removed]> The “We Buy Ugly Houses” company held a virtual meeting for its franchises to outline a plan to “minimize visibility” of our investigation. by Anjeanette Damon, Byard Duncan and Mollie Simon <[link removed]>

Five Stories of Lives Upended After Dealing With the “We Buy Ugly Houses” Company <[link removed]> ProPublica found that HomeVestors franchises often target the homes of people in vulnerable or desperate situations. These are the stories of five people who found themselves in unwanted deals with a cash home buyer. by Anjeanette Damon, Byard Duncan and Mollie Simon <[link removed]>

Senators, Regulator Call for More Scrutiny of “We Buy Ugly Houses” Company <[link removed]> The Consumer Financial Protection Bureau’s head said the Department of Justice and state attorneys general should be made aware of predatory house-flipping practices, following ProPublica reporting on HomeVestors of America. by Anjeanette Damon, Mollie Simon and Byard Duncan <[link removed]>

Looking to Sell Your Home for Cash? Read This First. <[link removed]> Cash home buyers like the “We Buy Ugly Houses” company may offer a quick and convenient sale to homeowners. Here’s what experts say you should know about interacting with these companies. by Byard Duncan and Anjeanette Damon <[link removed]>

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Behind the Scenes of Justice Alito’s Unprecedented Wall Street Journal Pre-buttal <[link removed]> The Journal editorial page accused ProPublica of misleading readers in a story that hadn’t yet been published. by Jesse Eisinger and Stephen Engelberg <[link removed]>

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