« »

Beazer Drilled for $50 Million

July
7th
member
Admin

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.


date Posted on: Tuesday, July 7, 2009 at 1:14 am
Category new home builders.
You can follow any responses to this entry through the RSS 2.0 feed.

Both comments and pings are currently closed.



Comments are closed.


Las Vegas Real Estate Blog is powered by WordPress
Theme is Coded&Designed by Wordpress Themes at ricdes