HMK sold many of those homes to tenants. Now, a lawsuit filed in federal court by two of the homeowners alleges the mortgage contracts are predatory.
Audio, News Story (Texas)
June 5, 2018
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Tags: Housing: Eviction, Housing: Landlord-Tenant
Organizations mentioned/involved: Legal Aid of Northwest Texas
Many of the people who’d rented homes from HMK Ltd., mostly in West Dallas, were paying as little as $300 to $500 a month. When new housing standards took effect in 2016, it looked like the rental business would close, and about half the tenants moved. The other half couldn’t figure out where to go, and stayed put until the last minute.