FANNIE MAE NO LONGER INVESTING IN MORTGAGES CONTAINING MANDATORY ARBITRATION CLAUSES
FANNIE MAE NO longer invests or accepts delivery of residential mortgage loan products that contain mandatory arbitration clauses.  According to Fannie Mae Announcement 04-06, Fannie Mae issued, among other things, new instructions to lenders outlining the policies for purchasing and accepting residential mortgage loans. Specifically, the instructions included a prohibition against purchasing or accepting delivery of residential mortgage loans containing mandatory arbitration clauses. A limited exception exists, permitting the use of mandatory arbitration provisions in mortgages that contain a waiver provision. The waiver provision shall provide that if the loan is sold or an interest in the mortgage loan is transferred to Fannie Mae, the mandatory arbitration clause becomes null and void.

He will cheat without scruples who can cheat without fear.
                                                          Benjamin Franklin

What gives a builder the incentive to build a home that is lasting, when he has no fear of being held accountable for cheating.                Author Unknown   

Texas Homeowners ask Senators for help.

What other state agency charges consumers a fee to file a complaint?

HB730 Texas Residential Construction Commission Act (TRCCA) disproportionately changed the way homeowners must deal with builders who ignore both major and basic home warranty concerns.  Since the passage of TRCCA, homeowners with construction defect issues must pay the Texas Residential Construction Commission (TRCC) a $350.00 fee for standard warranty issues or $450.00 for major warranty issues. . .  What other state agency charges the consumer a fee to file a complaint?

Frisco Enterprise

Dr. David Becka is on a mission to hold homebuilders accountable, and he's willing to fight City Hall to do it.

By Mike Raye, Staff Writer

Monday, he and members of a Frisco-based consumer advocacy group presented a petition signed by 9,300 like-minded neighbors to Frisco City Secretary Nan Parker, hoping to get two group-penned city charter amendments on a ballot next year.
TakeBackYourRights.com

Huntington Homes and its subsidiaries Riddled with Lawsuits.
See Homeowners Website: HuntingTon of Problems
Huntington Homes is also known as, Sanders Custom Homes,
Sanders & Associates, Horizon Homes and Highland Homes 
Huntington Homes and Associates Lawsuits public records

An Asbury Park Press editorial

Drop the hammer on code violators

The agency responsible for overseeing housing code enforcement in New Jersey presented a list of proposed reforms last week in response to an 18-month investigation by the State Commission of Investigation that found deficient construction practices, inadequacies in home warranty programs and a badly flawed code enforcement system... But the suggested reforms don't absolve Community Affairs, or the Legislature, of responsibility for a system that is badly broken. And they won't help the thousands of consumers who have been victimized over the years by unscrupulous or incompetent builders and code enforcement officers. Five hearings and 40 hours of testimony on the issue confirmed what SCI Chairman Francis F. Schiller said the agency's earlier investigations had found -- "a startling lack of proper and appropriate enforcement and follow through" at both the state and local levels.

Dissatisfied Home Improvement Customers Have Right to Criticize North Carolina Company on Web, Public Citizen Tells Court
Georgia Residents Launched Web Site After Bad Experience With Siding Installation
WASHINGTON, D.C. - Two dissatisfied customers of a North Carolina siding company have a First Amendment right to criticize the company - and allow others to do so - on a Web site they set up, Public Citizen has told a federal court in North Carolina.

9,300 sign Frisco home-building standards petitions
Drive would allow vote on two changes to city charter
The petitions call for an election to allow a vote on two changes to the city's charter. The grass-roots group Take Back Your Rights says the amendments would hold home builders accountable for faulty construction..."The response to our group's petition drive far exceeded all expectations," said Dr. David Becka, who led the effort. "These Frisco amendments will provide the first steps toward protecting new-home buyers, returning to the consumer their constitutional rights."
TakeBackYourRights.com

The Frisco Story: Why the Becka family decided to help future homebuyers

 After several years and many futile attempts to persuade their builder, Huntington Homes to address construction problems the Becka’s learned that builders are not licensed in Texas and that state laws do not protect homebuyers,.  Finally, upon discovering that their home had been destroyed by toxic mold due to construction defects and non-compliance with city building codes, the Becka’s decided to exercise the legislative process to change the way homebuilders do business in their town. 

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Frisco Grassroots Group Exceeds Signatures Needed For Ballot Vote

Volunteers gathered signatures to require Homebuilder Accountability

Public Citizen: U.S.Businesses File Four Times More Lawsuits Than Private Citizens And Are Sanctioned Much More Often for Frivolous Suits
But Corporate America and Political Allies Bush and Cheney Campaign to Limit Citizens’ Rights to Sue...American businesses file four times as many lawsuits as do individuals represented by trial attorneys, and they are penalized by judges much more often for pursuing frivolous litigation, according to a report issued today by Public Citizen.

Attention: Frisco Group calls for Homebuyer Protection through Charter Revision 

See Video: Take Back Your Rights 
For Dr. David and Carol Becka of Frisco, however, that dream turned into what they described as a nightmare as the new custom home they built in Starwood became a "money pit" of problems. FRISCO ENTERPRISE