
Prof. Prentiss Cox ’90 Interviewed by NPR About How Consumer Protections Helped Close ‘Unscrupulous’ Real Estate Company
Professor Prentiss Cox ’90 was interviewed by NPR about how the closing of a real estate company illustrates how consumer protections are working. U.S. Senators recently launched a probe into EasyKnock, the now-defunct real estate company that offered homeowners a chance to “unlock” their equity through a unique sale-lease arrangement, but which investigations have found cost some residents thousands of dollars and sometimes their homes. Several state attorneys general sued the company and described EasyKnock’s business practices as “oppressive, unethical, immoral, and unscrupulous.” Prof. Cox said, “Enforcement can highlight problems, and if you can eliminate the underlying financing or other support for it, it can solve problems.”