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Two neighborhoods claim that their builders “defrauded federal agencies"
Saturday, 16 June 2012

U.S. attorney asks FBI to evaluate builder certifications
An assistant U.S. attorney in San Antonio has asked the local office of the Federal Bureau of Investigation to evaluate complaints from some residents of two neighborhoods that their builders “defrauded federal agencies,” according to a letter obtained by the Express-News on Monday.

U.S. attorney asks FBI to evaluate builder certifications

Jennifer Hiller
 
An assistant U.S. attorney in San Antonio has asked the local office of the Federal Bureau of Investigation to evaluate complaints from some residents of two neighborhoods that their builders “defrauded federal agencies,” according to a letter obtained by the Express-News on Monday.

Residents of Stablewood Farms on the West Side say no one ever told them that their new homes were built on top of an old sewage treatment plant. Their builder purchased the lots from a developer more than a decade after the plant closed under the state's oversight.

In the Fairhaven neighborhood in Schertz, many owners have had issues such as cracked foundations.

A letter dated June 7 from Bud Paulissen, assistant U.S. attorney, says that the residents' complaints center on builder certifications to the Housing and Urban Development Agency and to the Veterans Administration that their homes were built “on viable land.” The residents allege

that the land was known to be unsuitable for building.

The certifications allowed homebuyers to take out government-backed mortgages on the homes.

  

Read more: http://www.mysanantonio.com/business/article/U-S-attorney-asks-FBI-to-evalu ate-builder-3625895.php#ixzz1y02iNaG1

 

 







 
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