MARYLAND (WBFF) — Maryland Attorney General Anthony G. Brown has filed charges against MV Realty PBC, LLC; MV Realty of Maryland LLC; MV Brokerage of Maryland LLC; and their corporate officers, alleging the companies engaged in illegal consumer lending through long-term agreements that encumbered homeowners’ properties.
Brown said his Consumer Protection Division filed charges against the companies and corporate officers Antony Mitchell, the CEO; David L. Manchester, the COO; and Amanda J. Zachman. The entities and individuals are known collectively as “MV Realty.”
According to the charges, MV Realty entered into “Homeowner Benefit Agreements” with Maryland consumers, advancing them a small sum that they would have to repay with what the state describes as exorbitant interest. Maryland lending laws require consumer lenders to be licensed, disclose loan terms to consumers and abide by interest rate limits. The laws also generally forbid lenders from filing liens against real property to secure loans of less than $4,000.
The Consumer Protection Division alleges the agreements MV Realty advertised as a “loan alternative” were secured loans that illegally encumbered consumers’ homes and required the payment of excessive interest if the home transferred ownership without the use of MV Realty.
The Division also alleges MV Realty misrepresented or failed to disclose key information to consumers, including that each agreement lasts 40 years and binds heirs and successors. According to the charges, MV Realty recorded the agreements in land records, where they act as a lien requiring consumers to pay MV Realty at least 3.0% of the home value when they sell or transfer their home. The Division further alleges MV Realty charged consumers an undisclosed $500 “administrative fee” for using MV Realty to sell their home.
“A person’s home is often the most valuable asset they will pass down to their loved ones. MV Realty trapped over one thousand Maryland homeowners and their heirs in costly and unlawful 40-year agreements that threatened that dream,” Brown said. “Our Office will not allow predatory lenders to take advantage of Marylanders in moments of financial need and burden their families for generations to come.”
The attorney general’s action seeks an order requiring MV Realty to cease and desist from violating Maryland’s lending, debt collection and consumer protection laws; terminate all Homeowner Benefit Agreements and related liens against consumers’ homes; and provide restitution of money unlawfully taken from consumers. The action also seeks statutory civil penalties and costs.
The case is scheduled for a hearing at the Office of Administrative Hearings beginning on Sept. 8, 2026.
Consumers with complaints against MV Realty can call the Consumer Protection Division at 410-528-8662, file a complaint online at www.OAG.Maryland.gov, or write to the Consumer Protection Division at 200 St. Paul Place, 16th Floor, Baltimore, MD 21202.
Local Story
