DEPARTMENT OF REAL ESTATE ASSESSES CIVILPENALTIES AGAINST KB HOME FOR REAL ESTATE VIOLATIONSPRESS |
Tuesday, 29 June 2004 |
DEPARTMENT OF REAL ESTATE ASSESSES CIVIL PENALTIES AGAINST KB HOME FOR REAL ESTATE VIOLATIONS PRESS RELEASE: STATE OF ARIZONA DEPARTMENT OF REAL ESTATE CASA GRANDEâ Real Estate Commissioner Elaine Richardson recently signed a Consent Order finding developer and broker KB Home-Phoenix to be in violation of Real Estate laws in the SK Ranch Subdivision located in Casa Grande. Combined civil penalties and settlement payments totaled in excess of $43,000. |
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New Jersey continues to crackdown on development & builder political corruption |
Tuesday, 29 June 2004 |
New Jersey continues to crackdown on development & builder political corruption FBI raids the home of former mayor of Marlboro, while a former mayor of Ashury Prark Kenneth ""Butch"" Saunders is set to be sentenced in federal court in Newark July 8 for conspiring four years ago to bribe a city councilwoman, for her votes on redevelopment. Ocean Township Mayor Terrance D. Weldon, pleaded guilty in October 2002 to extorting bribes from land developers in that township. FBI raid former Marlboro mayor's home MARLBORO --- A raid by federal agents on the home of a former mayor is the latest move in an expanding probe into whether developers influenced local politicians to get projects approved, according to a published report. ""We're investigating allegations of bribery, extortion and public corruption in Marlboro and the former Marlboro political climate,"" Edward J. Kahrer, an FBI supervisory special agent, told the Asbury Park Sunday Press.
Ex-Asbury mayor to be sentenced July 8 for bribe plot, tax fraud ASBURY PARK -- Former city Mayor Kenneth ""Butch"" Saunders is set to be sentenced in federal court in Newark July 8 for conspiring four years ago to bribe a city councilwoman for her votes on redevelopment so that he could get his own corrupt payments if a deal went through. McCarren is the lead prosecutor of charges against several Monmouth County officials the past two years, including former Ocean Township Mayor Terrance D. Weldon, who pleaded guilty in October 2002 to extorting bribes from land developers in that township.
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Contractor took money, but did no work, police say |
Wednesday, 23 June 2004 |
Contractor took
money, but did no work, police say
On Sunday, borough police charged the contractor, Roger Louis Hemhauser,
54, with nine counts of theft, saying he has bilked borough residents out of
approximately $200,000 since November. He took at least $98,000 more from residents
in Edison and Woodbridge , according to police in those townships. |
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Builder admits payoffs to ex-Hudson exec |
Wednesday, 23 June 2004 |
Builder admits payoffs to ex-Hudson exec
For $115,000, political contributor won $10 million in government funds
Joseph Barry, a politically active builder whose luxury homes and shopping
complexes have reshaped towns throughout New Jersey , admitted yesterday paying
nearly $115,000 in bribes to win government financing for a project on the
Hoboken waterfront⦠Barry told U.S. District Judge Joel Pisano, was a ""reward"" for
Janiszewski's help in getting almost $10 million in government grants and loans
for the Shipyard, a 45-acre riverfront housing and shopping complex in Hoboken.
Unbeknownst to Barry, Janiszewski at the time was cooperating with the FBI
after being caught taking bribes from another contractor. |
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Panel Finds Mold in Buildings Is No Threat to Most People |
Wednesday, 26 May 2004 |
Panel Finds Mold in Buildings Is No Threat to Most People
By ANAHAD O'CONNOR
Stepping into an issue that has alarmed homeowners and led to hundreds of
lawsuits and billions of dollars in insurance payments, a government panel
of experts reported yesterday that toxic mold in homes did not appear to pose
a serious health threat to most peopleâ¦
Yesterday's findings drew criticism from homeowners who say they have experienced
the phenomenon.
""I get calls from people every day saying they've had water problems, windows
that leak, or water plumbing events behind the walls,"" said Janet Ahmad, president
of Homeowners for Better Building in San Antonio , an advocacy group for people
affected by mold. ""Somebody in the house usually has nosebleeds. They go away
for the weekend and the children stop coughing and having nosebleeds."" |
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Wednesday, 26 May 2004 |
Homewrecked
Fox29 Undercover Investigation
Jeff Cole, Reporter
Life-threatening construction defects in homes valued at a half-million dollars
!!! These are the findings of a Fox 29 Undercover investigation into shoddy
home construction. Fox 29 Undercover begins a series of reports over the next
few months. We begin our ""Homewrecked"" series in New Jersey . For some it's
not a â Garden State .â |
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Buying a house, building up the tension |
Wednesday, 26 May 2004 |
-Buying a house, building up the tension
Outstanding!
The following article exposes the enormity of homeownersâ disputes over defective
home construction. The staff writer, Mitchell Kline of Tennessean.com
has done a superb job of helping readers relate to the frustrations and problems
of homeowners.
The Tennessean
Buying a house, building up the tension
Attorney Jean Harrison said she's swamped with phone calls from unhappy homeowners
and a stack of cases that continues to rise⦠|
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No Binding Arbitration Allowed with Freddie Mac Loans |
Thursday, 04 December 2003 |
FREDDIE MAC PROMOTES CONSUMER CHOICE WITH NEW SUBPRIME MORTGAGE ARBITRATION POLICY
Freddie Mac announced today that effective August 1, 2004, it would no longer invest in subprime mortgages originated on or after that date that contain mandatory arbitration clauses. Freddie Mac is the first among secondary mortgage investors to adopt such a stance on subprime mortgages with mandatory arbitration clauses. This policy is aligned with the corporationâs existing prohibition on the use of mandatory arbitration for prime market mortgage investments. |
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Unskilled Labor Leads to Flaws |
Friday, 03 October 2003 |
Homes often are rush jobs, critics assert Fast work by subcontractors' unskilled labor leads to flaws Sentinel/WESH inspections of 406 homes built during 2001 discovered hundreds of examples of poor-quality construction: concrete-block walls that had little or no mortar in the joints; stucco so thinly applied that the outline of the blocks underneath was visible; air-conditioning ducts bent at such sharp angles that almost no cool air could get through; metal-frame windows jammed into crooked openings in the wall. Such carelessness is the result of building too many houses too fast, with workers who have little training and not enough oversight, builders and hired hands say. Adding to the problem is the fact that many workers can't speak or read English, or decipher a blueprint...By some estimates, illegal migrants, mostly Mexicans, make up half of the 50,000 people in residential construction in the region. The 2000 census found only 10,000 Hispanic construction workers, a number considered ridiculously low by many in the trade. READ MORE...
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Tuesday, 29 April 2003 |
Some complain new homeowner-rights bill not enough
News 8 has reported numerous stories of homeowners complaining of shoddy construction, and being left with expensive repairs. Lawmakers promised to find a way to hold homebuilders accountable, but some wonder if a bill passed Monday really does that...Unsafe and leaky construction has forced Dawn Richardson to move out of the new home she's still paying for. Richardson said the problem was mold, and the lack of a statewide code that would require homebuilders to meet specific standards. "The builders know they can't be held accountable, so I don't think that they are working to resolve issues," Richardson said. |
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Arizona isn't doing enough to protect consumers |
Saturday, 05 April 2003 |
Contractor watchdog faulted
The state agency charged with watching over construction in Arizona isn't doing enough to protect consumers, according to a report from the Auditor General's Office.The audit said the agency needs to fix a $5.5 million deficit in the recovery fund, which helps people who lose money to licensed contractors. A residential builder pays $300 initially to the fund and then $150 annually. |
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Builder shortcuts hazardous to new homes |
Sunday, 29 September 2002 |
Faulty construction, mold-attracting materials, builder shortcuts hazardous to new homes Willard and Cinda Thomas say their dream house almost killed them. Only four years after moving into the 3,000-square-foot model home in Keller, Cinda had joint pain to the point where she could barely walk. Willard became weak, depressed, asthmatic and arthritic...Mold may be the last thing home buyers think of on moving day. But home inspectors and some homeowners have found that new homes are not exempt from sometimes devastating mold infestation. Faulty building techniques, builder shortcuts during the construction boom and some materials that serve as food for mold are being blamed for mold moving into some new homes as fast as the new owners do. |
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Monday, 12 August 2002 |
You may have unknowingly waived your constitutional right to a trial by jury when you purchased you new home, used your credit card or made a long-distance phone call. Today, mandatory arbitration agreements are found in almost all consumer contracts, and they are successfully being used by big corporations to block access to courts by consumers who have been treated unfairly. Go to www.texaswatch.org to learn more about arbitration and its pitfalls for consumers. |
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Michigan - Arbitration forced on consumers |
Friday, 02 August 2002 |
Critics say new rule favors contractors; builders contend it will make complaint process more efficient
A new law, signed by Gov. John Engler on July 31, makes it mandatory for consumers to go to arbitration if the builder seeks negotiations and provides a third party to conduct them. Previously, the Michigan Department of Consumer and Industry Services handled all consumer complaints by holding formal hearings. |
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