Janet Ahmad

Buying Judges, Colorado moving ahead as Washington State stalls, mortgage fraud and foreclosures climb

Buying Judges, Colorado moving ahead as Washington State stalls, mortgage fraud and foreclosures climb
The Colorado Senate is scheduled to consider the Homeowner Protection Act on Monday, which could put it on Gov. Bill Ritter’s desk for signature later next week. Meanwhile as Colorado moves along with consumer protection home builder lobbyists are in hot water after being accused of ethics violations.

Sad news in Washington State; the “Homebuyers’ Bill of Rights” SB 5550 has stalled causing many lawmakers to blow off steam. The Seattle Post Editorial says: “The House speaker should get off the dime and let lawmakers vote on this bill; we think it would mean new consumer protection for home buyers.”

Be sure to read the heart warming story of one good hearted contractor who came to the aid of a family bilked by another contractor.

Then there is the self serving patron Bob Perry who spends millions to avoid responsibility… Bob ‘the Builder’ Perry is at it again, except now he is – not discretely but boldly – attempting to buy Supreme Court Justices. In case you haven’t kept up with Mr. Perry he is the homebuilder that has the Texas couple Bob and Jane Cull, locked in a 10-year legal battle over structural problems with their house. He is also the man who spent $8 million in campaign contributions to influence the creation of a new (2003) state agency that regulates homebuyers. Keep you finger crossed; despite the Perry influence, legislation is still moving through the Texas capitol to reign in the unregulated homebuilding industry. Stay tuned…

Of course the news would not be complete without mentioning the notorious KB Home continuing saga of bad builder behavior. Texas lawmakers and San Antonio city council are still reeling over the revelations of the botched HUD $48M homeownership fiasco. See photos: KB defective construction passed by the City of San Antonio.

Posted at 6:00 PM, Apr 10, 2007 in Permalink | Comments (0) | TrackBack (0)