Fifth state joins legal action against Florida-based realty company

ORLANDO, Fla. — A company first exposed by Action 9 two years ago accused of swindling homeowners by placing 40-year liens on their homes is facing even more legal trouble.


Florida-based MV Realty is already facing federal action. On Tuesday, North Carolina marked the fifth state is filing a lawsuit against the company with North Carolina joining Florida and others in going after the company for what states say are “deceptive and abusive” practices.

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On Tuesday, Attorney General Josh Stein filed the complaint alleging that MV Realty was preying on vulnerable people to trick him into unfair, long-term agreements.

The suit comes as the FCC is taking action against the company for its robocalls. A bipartisan group of senators is also calling for a federal investigation.

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In February, the company confirmed it has halted signing any new contracts with homeowners while it reviews the language and terms.

See the full story in the video above.

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Jeff Deal

Jeff Deal, WFTV.com

I joined the Eyewitness News team as a reporter in 2006.

Adam Poulisse, WFTV.com

Adam Poulisse joined WFTV in November 2019.