TARP Money at Work - Bank Demolish Homes - Feature 1-5 |
Saturday, 02 May 2009 |
New Homes Demolished
By Patrick Thatcher, staff writer for, Daily Press - Victorville- The housing collapse is taking a literal form for one bankrupt housing development. Four model homes and 12 nearly finished spec homes at Bear Valley Road and Highway 395 are being demolished. The developer filed bankruptcy about 18 months ago and the foreclosed property went to Guaranty Bank in Irvine. Guaranty Federal a holding company of Guaranty bank received TARP money. http://sbj.net/main.asp?Sec... Victorville model homes being demolished. BREAKING NEWS Developing: Another bank will begi... See:Vision Victory Manifesto YouTube: Videos of Demolition
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