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Real Estate & Property Law

: Housing Wire

Beazer Pays $2.5 Million in Mortgage Settlement

By KELLY CURRAN

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Beazer Mortgage Corporation (BZH: 2.74 -2.49%), a subsidiary of Beazer Homes USA, will delve out a total of $2.5m to more than 1,000 N.C. borrowers due to alleged origination violations in 2007. The Atlanta-based homebuilder entered into a settlement agreement with the North Carolina Office of the Commissioner of Banks (NCCOB) today, but without admitting to [...]

Full post as published by Housing Wire on May 19, 2009 (boomark / email).

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