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Posted on: Tuesday, July 7, 2009 at 1:14 am
new home builders.
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Beazer Drilled for $50 Million
July
7th
This week Federal prosecutors said they would not pursue criminal charges against Beazer Homes USA Inc. as long as the company remains in compliance with an agreement to pay up to $50 million in restitution to homebuyers who were allegedly taken advantage of by the builder’s in-house mortgage company.
Who will be next? Kimball Hills, not a chance their mortgage company changed names twice then closed it’s doors before any buyers came forward based on some of the appraisals we have seen.
Stay tuned.
Posted on: Tuesday, July 7, 2009 at 1:14 am
new home builders. You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.
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