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.”
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.
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
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
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
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.
A ProPublica investigation found that some doctors overuse invasive treatments for peripheral artery disease. So we talked to experts to learn what vascular patients should know when seeking care.
Despite legislative setbacks, state leaders and Gov. J.B. Pritzker say they remain committed to stopping schools from continuing to use police to punish students.
Insurers’ denial rates — a critical measure of how reliably they pay for customers’ care — remain mostly secret to the public. Federal and state regulators have done little to change that.
Bob Naedele died in 2018 after receiving a heart infected with the parasite that causes Chagas disease. The change in U.S. screening policy could prevent such deaths in the future.
ProPublica and the Detroit Free Press found that Baker College spent more on marketing than it did on financial aid. Now, the school faces an inquiry by the U.S. Department of Education.
Decades of negotiations between the tribe and Arizona over water rights have proven fruitless. The court case was the Navajo Nation’s bid to accelerate the process and secure water for its reservation.
by Anna V. Smith, High Country News, and Umar Farooq and Mark Olalde, ProPublica
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