Anthony G. Brown announced that Maryland’s Consumer Protection Division has filed charges against MV Realty PBC, LLC and affiliated entities and executives, alleging the company engaged in illegal consumer lending through so-called “Homeowner Benefit Agreements” offered to Maryland homeowners.
According to the complaint, MV Realty provided consumers with relatively small cash advances in exchange for agreements that allegedly lasted 40 years and required homeowners to pay the company at least 3% of their home’s value if the property was sold or transferred without using MV Realty. The Attorney General’s Office alleges the agreements functioned as unlawful secured loans, improperly encumbered homes through recorded liens, and charged excessive interest and undisclosed fees. Officials also allege consumers were not adequately informed that the agreements could bind heirs and future property owners.
The state is seeking to terminate all existing Homeowner Benefit Agreements and related liens, require restitution for affected consumers, and impose civil penalties. Brown said the agreements trapped more than 1,000 Maryland homeowners and their families in costly long-term contracts. A hearing in the case is scheduled to begin September 8, 2026, before the Office of Administrative Hearings.
