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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

Homeowners Find Overdue Justice
Monday, 01 March 2010

Political moneyman Bob Perry ordered to pay $51 million
A jury has ordered Houston homebuilder Bob Perry to pay $51 million to an elderly Mansfield couple who fought for a decade over a defective house that Perry Homes refused to fix. Perry is the biggest campaign contributor in Texas and a major figure in so-called tort reform championed by Gov. Rick Perry (no relation) to limit lawsuits against business. Bob Perry has resisted paying the couple for a decade, instead taking the couple's case case through the courts. Bob and Jane Cull say Perry wouldn't fix their house and so went to arbitration, where they won an $800,000 judgment. Perry refused to pay. He appealed for years through the court system until the Texas Supreme Court finally sent the case back to district court in Fort Worth. Every member of the high court had received campaign contributions from Perry..."It feels like a modern day David and Goliath triumph. Certainly, God had a hand in this justice, said Jane Cull's sister, Judy Noble. "At last, truth and right trumps power and money.

Dallas Morning News
Political moneyman Bob Perry ordered to pay $51 million

Wayne Slater/Reporter

A jury has ordered Houston homebuilder Bob Perry to pay $51 million to an elderly Mansfield couple who fought for a decade over a defective house that Perry Homes refused to fix. Perry is the biggest campaign contributor in Texas and a major figure in so-called tort reform championed by Gov. Rick Perry (no relation) to limit lawsuits against business. Bob Perry has resisted paying the couple for a decade, instead taking the couple's case case through the courts. Bob and Jane Cull say Perry wouldn't fix their house and so went to arbitration, where they won an $800,000 judgment. Perry refused to pay. He appealed for years through the court system until the Texas Supreme Court finally sent the case back to district court in Fort Worth. Every member of the high court had received campaign contributions from Perry.

On Monday, a jury in Fort Worth ruled in the Cull's favor -- $7 million in actual damages and $40 million in punitive damages. The warranty company that failed to live up to its warranty and fix the house was ordered to pay $4 million more in punitive damages.

"It feels like a modern day David and Goliath triumph. Certainly, God had a hand in this justice, said Jane Cull's sister, Judy Noble. "At last, truth and right trumps power and money.
Anthony Holm, a spokesman for Perry, did not return a telephone call for comment.

The fight between Perry and the Culls underscores the difficulty that some homeowners have in trying to get builders to fix their mistakes - especially politically well-connected businessmen with deep pockets. The Culls began their fight against Perry Homes a decade ago after cracks and other problems developed in their $230,000 home in Mansfield. The Culls said Perry Homes applied some cosmetic fixes, but didn't fix the house. Instead, Perry launched a long battle in court that the Culls say was apparently designed to wear them down. Perry is the biggest campaign contributor to Gov.Perry, who supported the homebuilder's efforts to limit lawsuits against business and who helped create a state agency that critics say was designed to protect homebuilders against complaints from homebuyers. The Legislature last session abolished the agency. http://trailblazersblog.dallasnews.com/archives/2010/03/political-moneyman-bob-perry-o.html

 
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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

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Arbitration Bill Passes Senate
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