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A majority of the House reaffirms banks don't belong in real estate
Legislation will keep banking conglomerates out of real estate brokerage and property management
Freddie Mac Chief Economist responds to Poole's comments
Freddie Mac Chief Economist claims adequate liquidity
Builder confidence rises strongly in June
Housing Market Index (HMI) rises five points report home builders
California home sales fall as prices hit new record
California home sales fall 7.7 percent on year, California home prices rise 15.6 percent on year
HUD Fears Liability from Radon-Induced Lung Cancer
By the end of June 04, all purchasers of HUD-owned single family properties will be required to sign a release forever discharging HUD, their marketing and management contractor, and the sales agent from any and all claims and liabilities resulting from the presence of radon or mold on the property. While HUD lauds the new form as helpful and informative, critics contend it is deceptive and discriminatory, as well as a Departmental attempt to shirk its responsibility under the law. At the request of Senators Lugar and Santorum, the HUD Office of Inspector General is currently conducting an investigation (Case HL-04-0612) into the Department’s failure to carry out legally mandated radon testing. [PRWEB Jun 21, 2004]
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