Colony Ridge Housing Development
Sector: Power Transmission • Location: New Caney, Texas, United States
Source: The Texas Tribune
Colony Ridge is a collection of subdivisions covering about 33,000 acres of land 30 miles north of Houston, Texas. The development involves seller-financed mortgages targeting Latino home buyers, with allegations of predatory lending practices including misleading advertisements, high-pressure sales tactics, minimal down payments, and loans extended without proper income verification. The develope
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Participants
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Company | Obfuscated Data |
Status
Original status | under litigation |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Description
Description | Colony Ridge is a collection of subdivisions covering about 33,000 acres of land 30 miles north of Houston, Texas. The development involves seller-financed mortgages targeting Latino home buyers, with allegations of predatory lending practices including misleading advertisements, high-pressure sales tactics, minimal down payments, and loans extended without proper income verification. The developer allegedly misrepresented utility hookups, causing unanticipated expenses, and frequently reacquired properties through foreclosure, reselling them multiple times. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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