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Beware of HOA Payment Plan! 
          
 1,425% Markup - Big Corporate Business for HOA Non-Judicial Foreclosures 
ON THE COMMONS with Shu Bartholomew – Dr. Evan McKenzie interview on Privatized HOA Governments & New Book

Billions for Home Builder Corporate Welfare from Washington 
 New York Times, by Gretchen Morgenson
 
* Read and Post Remarks in The Huffington Post 
American Banking News: Tax Breaks Worth Billions to Big Business
* Related Articles:  NY Times: Building Flawed American Dreams 
* Rise and Fall of Predatory Lending and Housing
* Builders rake in refunds * See Forbes Magazine Article
Pulte-Centex $900 MILLON Grant Questioned

LATEST NEWS
HUD Audit Report - KB Home
Saturday, 23 September 2006

KB Home Mortgage Scandal 
KB Home Mortgage Failed to Ensure Underwriting Certifications for Federal Housing Administration Loans Were Accurate. Check your mortgage ducuments.
 Are you about to lose your home or have you lost your home due to KB Home mortgage irregularities? SEE HUD Audit Report 

 
HOBB Press Release: Local Homebuilder Attempts to Deprive US Army Colonel of Constitutional Rights
Friday, 22 September 2006

SITTERLE HOMES FILES FRIVOLOUS LAWSUIT AGAINST ACTIVE DUTY SOLDIER STUCK WITH DEFECTIVE HOME
In this unprecedented move of revenge, Sitterle’s has done the unthinkable by filing a suit to oppress the free speech of a US Army Colonel who continues to serve his country, which creates a scandal that even the building industry must find outrageous. According to the Colonel in a written statement, this experience with the TRCC and the Sitterle Corporation has been more stressful than his combat tours in Iraq (Operation Iraqi Freedom) and Pakistan (Operation Enduring Freedom) combined.

Read more...
 
Sitterle Homebuilder sues Active Duty Army Colonel
Friday, 22 September 2006

Local builder sues customer: Dispute over basement leaking escalated into Web site complaint
Sitterle filed a libel suit against the homeowner this week, accusing him of writing defamatory statements on a consumer advocacy Web site about the company's alleged refusal to fix leak problems in the hillside home...Last month, Jay Hirata posted complaints about the builder on the discussion board of a San Antonio-based consumer advocacy group's Web site, Home Owners for Better Building.  See posted complaint

Read more...
 
Fighting foreclosures
Friday, 22 September 2006

Legislators want to make public the names of those linked to loans
Trying to halt record numbers of home foreclosures, legislators want to make public the names of mortgage brokers, appraisers and other professionals connected to each mortgage loan. N.C. Commissioner of Banks Joseph Smith told a special legislative committee on Tuesday that his office needs the names of mortgage brokers and other loan originators to investigate mortgage fraud and resulting home loan foreclosure.

Read more...
 
New Jursey in the news
Friday, 22 September 2006

Homeowners pay thousands to fix mistakes by code official
One woman had to take a wrecking ball to $30,000 worth of construction on a two-story garage and start building from scratch.

Read more...
 
Foreclosures up 24%
Friday, 22 September 2006

Local Victims of Alleged Mortgage Fraud
The number of Americans who are finding their homes in foreclosure, is rising at a staggering rate... up 24 percent between July and August of this year alone! Ohio, Indiana, and Kentucky are all among the 25 states with the highest foreclosure rates.  And some of those families may be losing their homes as the result of mortgage fraud. There are two ways that mortgage fraud happens.

Read more...
 
FLOODED WITH PROBLEMS
Friday, 22 September 2006

Creekside Homes May Violate Deed Restrictions, FEMA Floodplain
A temporary injunction has been issued against a housing developer after three creekside homes in Pleasant Retreat Acres were built in possible violation of the property's deed restrictions, prompting legal action from the homeowners association. The homes were also built improperly...As of last week, the homes were estimated to be between 75 and 90 percent complete. A concrete slab and some dirt work signals the suggested locations of a fourth or perhaps fifth structure.

Read more...
 
Caulk is for lazy people
Friday, 22 September 2006

Caulk Is Cheap
“Caulk is for lazy people. Caulk is what you use when you screw something up. Before caulk existed, people actually had to build things right the first time. I have renovated at least five Victorian-era homes. None had any caulk on them. Those houses are still standing and I’m pretty sure will continue to do so for many years. I’m not so sure many of the new houses I’ve seen will be around in 20 years.

Read more...
 
29 Homeowners sue Lennar Corp
Thursday, 21 September 2006

Residents say the developer's homes have defects ranging from cracked concrete to faulty plumbing
The owners of 29 houses in the Las Flores area near Rancho Santa Margarita are suing developer Lennar Corp. for $2.9 million, claiming the residences have defects because of faulty design and construction.

Read more...
 
Head building inspector under criminal investigation
Thursday, 21 September 2006

State yanks licenses of Newark construction official
The state has revoked the professional licenses of the recently suspended head of Newark's building inspections office and has referred the investigation of his predecessor to state criminal investigators, the commissioner for the state Department of Community Affairs said.

Read more...
 
Arizona Builder walks away
Thursday, 21 September 2006

Home buyers face long battle to recoup money from shuttered Turner-Dunn The Phoenix-based builder walked away from hundreds of home lots in Pinal County last spring, leaving in its wake millions of dollars owed to banks and subcontractors, lawsuits, an ongoing Arizona Department of Real Estate investigation, unfinished homes and home buyers who paid thousands of dollars each in hopes of finally getting their big dream home.

Read more...
 
Mortgage Protection Advocacy Group Expands
Thursday, 21 September 2006

Advocacy Group Expands Consumer Mortgage Protection Services For All Homeowners Americas Watchdog, in partnership with it's National Mortgage Complaint Center has increased the services it offers to individual homeowners with problems and or prospective homeowners on the verge of financing a home. Sixty million American homeowners were either over- charged/cheated, or will be taken advantage of when they finance or refinance their home.

Read more...
 
Illinois Lawmakers to Regulate Building Contractors
Wednesday, 20 September 2006

Law Would Regulate Building Contractors
Bad builders beware. A tough new law to regulate contractors was introduced in the state legislature Monday, the direct result of reports by the CBS 2 investigators...And as CBS 2’s Pam Zekman has been reporting for years, all too often bad builders leave homeowners financially and emotionally devastated....Bull Valley residents Richard Garcia and his wife would have never hired John Volpentesta  to build their new home had they known about his history. It includes dozens of lawsuits filed by contractors and former clients and a conviction for bank fraud.

Read more...
 
JD Power confirms new homes have an average of 14 construction defects
Wednesday, 20 September 2006

Buyers here a bit less happy in '05
A JD Powers study confirmed that new homebuyers encountered an average of 14 problems with new homes, representing a 7 percent increase from a year before.  Further, the normally builder  structured and influenced JD Powers survey confirmes that homebuyer customer scarification is declining.  At the bottom of the list of customer scarification in the study were KB Home, Horton, and Richmond American Homes.

Read more...
 
IEQ Review
Wednesday, 20 September 2006

Study: Mold in Homes Doubles Risk of Asthma
Exposure to mold and dampness in homes as much as doubles the risk of asthma development in children, according to a study published today in the March issue of the peer-reviewed journal Environmental Health Perspectives (EHP). Researchers studied 1,984 Finnish children aged 1 to 7 years over a six-year period to see if they developed asthma. Data collection included a baseline survey administered in March 1991, as well as a follow-up survey in March 1997, asking questions about the child's health, parents' health, parent's highest education level, and details of the child's environment including exposure to environmental tobacco.

Read more...
 
New Jersey: Public Hearing on defective building
Monday, 18 September 2006

Lawmakers to hear construction grievances
Damning results from a state report released last year about negligent and sometimes dangerous workmanship on new homes throughout New Jersey could re-emerge Tuesday night during a public hearing called by a state Senate committee.Lawmakers will hear testimony from victims of shoddy construction, who will offer suggestions on what legislative initiatives would help protect homebuyers from irresponsible builders and unresponsive overseers.

Read more...
 
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Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to Economic Armageddon


Amazon
Barnes & Noble

 Feature
Rise and Fall of Predatory Lending and Housing

NY Times: Building Flawed American Dreams 
Read CATO Institute: 
HUD Scandals

Listen to NPR:
Reckless Endangerman
by
Gretchen Morgenson : How 'Reckless' Greed Contributed
to Financial Crisis - Fannie Mae

ATTENTION TAXPAYERS:
 
Pulte-Centex $900 MILLON Grant
Stimulus for KB Home, Countrywide and KB Mortgage 
Market Crash Cure, More Toxins,
0 Down, No PMI, 100% Financing, Closing Costs Offers
?

 Texas, First Home Lemon Law Debated in the Nation

NPR Special Report
Part I Listen Now
Perry Home - No Warranty 
Part II Listen Now
Texas Favors Builders

Judiciary & Civil Jurisprudence
 Arbitration Hearing,
Video of Homeowners
Testimony Advance to 1:55

Arbitration Fairness Now!
Sen Feingold, Rep Johnson
Introduce Consumer Justice
 
Senate Passes Frankin
Binding Arbitration Amendment
  
   
Public Citizen Report 
Home Court Advantage
 

 (See photos) & Latest News

Arbitration Bill Passes Senate
Four years to fight to get in court is not a day in Court, Jamie Leigh Jones 

 


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PROTECTION AGENCY TRCC
 


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 KB Home Federal Housing Scam
 KB Homes are falling down

Texas Regulates Homebuyers
 
Texas Comptroller Condemns TRCC Builder Protection Agency
TRCC is the punishment phase of homeownership in Texas

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TRCC from Bad to Worse
Case of the Crooked House

Washington Post
The housing bubble, in four chapters
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TRCC AN ARRESTING EXPERIENCE
The Pat and Bob Egert Building & TRCC Experience 

Homebuilder's Right-To-Repair Illusion

Builders Looking for Federal Handouts

How Texas Home Building Industry shaped the TRCC to regulate buyers 

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Build it right the first time
An interview with Janet Ahmad

HUD's Broken System
From HUD's Deregulation to Disgrace
Did HUD Secretary Cisneros
 Mastermind Predatory Lending?

KB Home Bombs
KB Goes Unpunished for Building Community on Bombs
Taxpayers Pay $2.6 Million
KB Attempts to Bribe Woman

KB HOME FEATURES
Legislators, HUD & FTC
Respond to complaints
HUD Fines KB Home$3.2M
FTC Fines KB Home $2M


ABC 20/20 - KB Home built on bombs
KB to build on Worst Nnuclear Meltdown Site
Why KB Profits are Greater
Special Reports - Read More...
See KB Homeowners Protest and Get Results
 WFAA's Bryan Harris Investigates KB Home & Bombs

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ARIZONA REGISTRAR OF CONTRACTORS
Have you seen any of these individuals

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 Hurt? Injured? Need a Lawyer? Too Bad!

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Big Money and Shoddy Construction:Texas Home Buyers Left Out in the Cold
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