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WASHINGTON - Many people trying to buy a house with a riverfront view were up a creek the past few weeks because of the temporary shutdown of the federal program that provides flood insurance.
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NABH Green Building Conference Coverage: There are thousands of free dollars available to builders of eco-friendly homes.
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May 3--POQUOSON -- The attorney's letter went out to 33 property owners at the Lakes at Poquoson subdivision early this month and it didn't mince words in getting down to business.
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Sponsor abruptly pulls bill that would have paid homeowners higher interest on settlement payments.
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Lobbying by the state’s builder group helps modify bill's language and gives builders a chance to redraft insurance agreements with contractors.
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Legal experts offer guidelines to researching product claims and protecting your business from litigation.
Getting through America’s worst economic crisis in decades requires your participation.
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Georgia Home Builders Association fights with Builders Insurance Group over fees, compensation, and control.
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Agreement does not include long-term health coverage or consultant responsibility for Stephen Scarborough.
The Florida State Supreme Court rules that an insurance company must pay builders for defects claims.
The rift between HUD and Congress over modernizing the FHA deepened in recent weeks as HUD moved forward with plans to charge riskier borrowers a higher premium, starting as soon as Jan. 2, 2008.
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As of late Monday home builders were still assessing the damage from the weekend fires in Malibu, Calif., that destroyed 53 homes and damaged another 34. The state Office of Emergency Services (OES) said the Malibu fire, which was caused by an undetermined human intervention, was 90 percent...
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The U.S. Department of Housing and Urban Development announced earlier this week that it reached settlements with six home builders who allegedly established title insurance companies that took payments for a portion of the insurance risk. The agreements stem from alleged violations of the Real...
By implementing and continually refining a comprehensive commitment to quality management, Atlantic Builders has since reduced warranty costs to one-quarter of 1 percent of its annual revenue, a savings of about $2,200 per house. The company also has shaved more than a month off its per-house cycle...
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- Allstate stops writing new homeowners policies in California to help control its disaster exposure in the state, which is prone to wildfires and earthquakes.
- Sluggish home sales in many metro areas have made it more difficult for corporate employers to negotiate job relocations.
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In an attempt to give home buyers a safe alternative to subprime lenders, Congress this year is considering two bills to modernize the FHA. Representing the largest mortgage insurer in the world, FHA lenders offer qualified buyers a low-interest, fixed-rate mortgage backed by the mortgage insurance...
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Home builders in Colorado vow to fight a new law that prohibits a builder from having a home buyer going through the notice and opportunity to repair (NOR) process waive his right to file a lawsuit for a construction defect.
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AN ORGANIZATION FORMED TO RECOUP the remaining assets of the Home Owners Warranty (HOW) Insurance Co. estimates that roughly 6,000 builders may be able to recover a total of $80 million.
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ALTHOUGH ROUGHLY HALF OF THE STATES have passed notice-and-opportunity-to-repair (NOR) laws, which let builders offer to repair a defect before the homeowner can sue, some states have found that more is needed to help counteract rising defects lawsuits and general liability insurance rates.
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RESIDENTIAL CONSTRUCTION in Florida received a temporary reprieve in late July, when Citizens Property Insurance Corp. agreed to continue writing builders risk policies through the end of 2006.