I’d like to add that there’s a need for Appraisers to be held accountable, because their word is taken as (and USED as) truth by all sides of a RE transaction.

This economic crisis is not going to get better. The crooks continue to bleed the American public, forcing families to financial and emotional chaos.Homeowners have hung on by their finger nails trying to give their families some similance of Christmas and the holidays before declaring bankruptcy and going into foreclosure.

Bail out the crooks that brought our great nation to this?
Let Big business learn what it is like to live on a budget. Let them learn to live on money they don’t steal. The middle class has been put on hold. No one listens. We just hear recorded messages in the great cyberspace, where no one cares.The people we elected to govern our interest, govern their own. We are bombarded by the slick, small printed greed of big business. They have stealthily stabbed us with: substandard construction, defective homes, inflated appraisals, fraud, crooked mortgage companies, glutinous banks, arbitration companies, high interest bank cards, over priced drugs and claim denied insurance companies. This is what has destroyed the middle class, the back bone of this economy.

At first the powers that be said it was our fault. We were just stupid and bought more than we could afford.Then they said it was a down turn in the economy, liquidity, a market correction, bla, bla, bla… when it is really greed. Greed protected by arbitration clauses and guarded by the checkbooks of big business.

This all makes me think of American Indian. They signed pieces of paper and trusted our government and they too became homeless.
Jordan Fogal
jfogal281@aol.com

Just imagine the tax money that could have been saved on long FBI and IRS investigations as well as the homeowners lives that were destroyed by substandard construction.

Now taxpayers are paying for the investigations AND bailing out the lenders, many of whom were party to the fraud. There are millions losing their homes while many builders, lenders, and realtors are laughing all the way to the bank.

Dismissing consumers who have proof of fraud has put our entire nation in danger of severe deep recession. Shame on ALL of you who refused to listen and act in a timely manner.

Tremont Homes tried to get yet another name registered with the TRCC and the TRCC ask them to withdraw their application so they would not have to turn them down.

March 10,2006 the letter said:
“By statute the comission must be satisfied with the applicant’s honesty, integrity, and trustworthiness before approving a builder application. Unfortunately the commission has recieved complaints concerning the business enties closely affiated with Tremont Homes of Houston,LP, and you as an individual. Additionally, the commission is concerned about your relationship to Norman L. Chapa, a recently convicted felon, who has served as an agent for companies with which you have been affiliated.” Mr Chappa was also head of the warrenty divison for TremontHomes/Stature Construction Company for Hyde Park Cresent.
Please google my name for pictures of more examples of their expertise. Jordan Fogal