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KB Homes Infomercial - Remembering Mortgage Fraud
 Cisneros partner in Lago Vista was Bruce Karatz,
highest paid CEO in the country with $232 million compensation package. Karatz:…realize how easy it is to buy…
How broad the qualification is… It’s a life changing experience that we create.
 
View Ex-HUD Secretary HenryCisneros KB Home Infomercial

Dozen of KB Homeownrs Fighting Mad
Friday, 14 February 2003

KB Homeowners Fighting Mad
Dozens of KB homeowners are fighting mad and taking their case to City Hall. They’re complaining about problems with their homes in the Northhampton, El Sendero and Tara subdivisions. KB homes admits having problems with shifting soils in the Tara subdivision but homeowners tell News 4 WOAI they wish they would have known about it before buying their new home.

KB Homeowners Fighting Mad
LAST UPDATE: 2/14/2003 2:38:05 PM
Watch this story...
Dozens of KB homeowners are fighting mad and taking their case to City Hall. They’re complaining about problems with their homes in the Northhampton, El Sendero and Tara subdivisions. KB homes admits having problems with shifting soils in the Tara subdivision but homeowners tell News 4 WOAI they wish they would have known about it before buying their new home.

Airforce Sgt. Roberto Rodriguez is so embarrassed about his brand new KB home, he won’t have company come over. “Here we are in the living room, you can see the walls separating from the ceiling, you can actually see the wood underneath the sheet rock,” said Rodriguez. “You can also see separating from the ceiling the cracks the door, the door won’t close,” said Rodriguez. As war with Iraq becomes likely, Rodriguez says problems with his house are so distracting it’s hard to focus on the nation’s defense.

“It’s so frustrating so upsetting I just want them to buy it back, let me keep going with my life and family that’s all I’m asking,” said Rodriguez. Meanwhile, KB home now says it’s ready to help Rodriguez in any way possible. Larry Oglesby is a KB spokesman, “we’re not going to stop short of anything from making it absolutely right, taking care of the home or doing whatever it takes, KB home will stand behind that product,” said Larry Oglesby.

KB home has hired an outside engineer to come to the Tara subdivision and find out what’s causing the soils to shift in Tara.

http://web.archive.org/web/20051226091145/www.woai.com/news/local/story.aspx?content_id=3A4BBB5D-9368-42B7-A745-882649B2D6AC

 
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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

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

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

 KB Home Federal Housing Scam
 KB Homes are falling down

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

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

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

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

Bad Binding Arbitration Experience?
conttribute@hobb.org
 or call 1-210-402-6800

  ABC's 20/20 Special
KB Home Builds on Bombs
(10/7/2005 No Transcript available)
See related articles:
· WFAA News 8 Investigates KB 
   Home & Bombs

· $1.9M for KB Bombing 
  Range Taxpayer Cleanup

· 
KB gives new meaning to
  “Home, home on the range”

· Home on the Bombing Range 
  History still haunts development

· News4:: Reports Charges Dropped

Tort Reform Feature
Texas Monthly
 Hurt? Injured? Need a Lawyer? Too Bad!

KB Homeowners Speak
KB Home Common Defects
KB Buys Back Homes 

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