Paid Testimonials, Gift Cards & a 3.5 Hour Drive: What Really Happens When You Fight Big Money at the Capitol

About this episode

Wendy shares her experience testifying at the Pennsylvania State Capitol regarding a bill on home equity investments amidst controversial practices by a Silicon Valley company.

What happens when a Silicon Valley company offers homeowners $50 Amazon gift cards to submit favorable testimony to a state legislature, and doesn't disclose it? I watched it happen in real time. In this episode, I'm telling the full story of the day I drove 3.5 hours to the Pennsylvania State Capitol to testify in support of HB 2120, a bill that would require home equity investments (HEIs), also called shared appreciation agreements or home equity sharing agreements, to be regulated as mortg...

People in this episode

Host: Wendy

Topics covered

• testimony
• legislation
• home equity investments
• shared appreciation agreements
• politics
• consumer advocacy

Keywords

• testimonials
• gift cards
• home equity
• legislation
• Pennsylvania State Capitol
• consumer rights
• political advocacy

Mentioned in this episode

Organizations: Silicon Valley company

Places: Pennsylvania

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