Home Equity Firm Hometap Faces Surge of Class-Action Lawsuits Alleging ‘Predatory’ Practices Rapidly growing home equity investment (HEI) company Hometap is facing a cascade of class-action lawsuits accusing it of misrepresenting its products by describing them as “purchase options contracts” instead of mortgage loans to skirt federal and state borrower protections. Civil complaints filed against
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