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Outrageous! Buy a New Home - Don’t Sue and Shut Up
Homebuilders will stop at nothing – Now Buyers must agree not to Speak

Beware of New Builder Clause – Homebuilder requires that homebuyer sign clauses forcing buyers to give up their constitutional rights.  It’s a decision between constitutional rights and the American Dream. 

SEE: KB Warranty Conditions - Sign A Shut Up Agreement or No Repairs
PLUS: It's Your Choice, Homebuilder Contracts - Hold Harmless

IS YOUR STATE NEXT?
As Goes Texas So Goes the Nation 
TEXAS REGULATES HOMEBUYERS!
NEW HOMEBUYER LEGISLATION MAY BE COMING TO YOUR STATE SOON
!
How Texas Home Building Industry shaped the Texas Residential Construction
Commission (TRCC) and regulates new homebuyers

Contracts & Arbitration
Builder caught in scam
Thursday, 07 February 2013

BR home builder booked on felony theft, misapplication of payments
Quinn Martin, 7912 Willow Grove Blvd., Baton Rouge, was booked into East Baton Rouge Parish Prison by state attorney general investigators on 54 counts of misapplication of payments by a contractor and four counts of felony theft. Martin’s Baton Rouge-based company, QMI Custom Homes, entered into homebuilding contracts, worth a total of $1,865,477, with four different parties in 2012, the warrants say.

Read more...
 
Countrywide’s Angelo R. Mozilo Arrogance Stings
Tuesday, 22 January 2013

Four paths toward a better 2013 in business
Herewith is a short wish list about what might make it a happy one for investors, taxpayers, home buyers and consumers...Angelo Mozilo - "This is not caused by any act of Countrywide or by any act of MBIA," he said. '`It was caused by an event that was unforeseen by anyone, because if anybody foresaw it, you would never have insured it, we would never have originated the loan.

Read more...
 
HUD and Homebuilders as way too cozy
Wednesday, 09 January 2013

How Can You Properly Thank HUD for your New Home Foundation Flaws?
Year after year, the U.S. Taxpayer is forced to subsidize shoddy homebuilding. Homebuilders are able to squeeze more profits from each and every house because they are never held accountable by the federal government for the fraud perpetrated on homeowners.  Year after year, an incredible number of house foundations fail.

Read more...
 
Big Centex Homes Business- Nationstar Mortgage Pays $1.3 Billion for $215 Billion
Wednesday, 09 January 2013

Lewisville-based Nationstar buys mortgage servicing rights from Bank of America
Nationstar Mortgage Holdings, which started out as the mortgage operation for Dallas-based Centex Homes, will buy $215 billion in mortgage servicing rights from Bank of America, which has been slashing its mortgage business in the wake of the financial crisis. It will pay $1.3 billion for the portfolio, which will more than double its customer base to 2.5 million. Mortgage servicers handle the payments on outstanding mortgages, forwarding proceeds to the mortgage holder and dealing with loan delinquencies and foreclosures when necessary. Nationstar, based in Lewisville, says it serviced approximately one million loans with total unpaid principal balances of $198 billion as of Sept. 30. It has about 4,100 employees at facilities around the country, including a call center in Lewisville.

 
Centex Avoids Responsibility
Saturday, 27 October 2012

HOA fights for answers
There are more than 200 homes in the Wynston subdivision in Clayton. Recently, the HOA received a warning from the Town of Clayton letting them know the berms weren't up to code..."We didn't even really have an idea that the problem even occurred until the complaint was brought to our attention, some 10 years after the residency was built," homeowner Matt Katlen said. Centex developed the subdivision back in 1999.Katlen did some digging and found a document that dates back to 1999 from Centex's consultants. The letter addressed to the Town of Clayton's Planning and Inspections Department lets the town know Centex did not include the landscaping detail the town requested. The letter even provided a drawing showing the trees and shrubs that should be put in along the berms. The letter states this landscaping buffer will be added to the plans.More than 13 years later, the HOA wants the builder, Centex, to do what they say needed to be done back in 1999.

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 Texas, First Home Lemon Law Debated in the Nation
Homebuyers Need a Home Lemon Law

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Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to
Economic Armageddon


Amazon
Barnes & Noble

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

Washington Post
The housing bubble, in four chapters
BusinessWeek Special Reports
Bonfire of the Builders
Homebuilders helped fuel the housing crisis
Housing: That Sinking Feeling

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

 (See photos) & Latest News

Consumer Affairs Builder Complaints

IS YOUR STATE NEXT?
As Goes Texas So Goes the Nation
Knowledge and Financial Responsibility are still Optional for Texas Home Builders

OUTSTANDING FOX4 REPORT
TRCC from Bad to Worse
Case of the Crooked House

TRCC AN ARRESTING EXPERIENCE
The Pat and Bob Egert Building & TRCC Experience 

Build it right the first time
An interview with Janet Ahmad

 Give Me Back My Rights Campaign
Model State Arbitration Legislation
Fair Homebuyer Contract Model

Bad Binding Arbitration Experience?
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or call 1-210-402-6800

Pulte Homeowner Survey
Warranty & Mortgage Experience
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 Feature: Mother Jones Magazine
Are you Next?
People Magazine - Jordan Fogal fights back
Because of construction defects Jordan’s Tremont Home is uninhabitable
http://www.tremonthomehorrors.com/
You could be the next victim
Interview with Award Winning Author Jordan Fogal

Warranty?  What 25-Year-Warranty?
Warranty Scams that fool the public 25 years, 50, 100 or even a “Lifetime Warranty,” what’s the difference?

PROFITABLE DEFECTIVE PRODUCTS
 
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