Corporate Homebuilders Destroying the American Dream
Corporate homebuilders KB Home, Pulte and Lennar continued to build, buy more land and offer risky mortgages even as the housing market became increasingly unstable and homebuyers were increasingly in over their head.
Were you told that you would be able to refinance, but now can't because your home's value has gone down? Do you think your home was overpriced when you bought it? Did you feel pressured to use the homebuilder's mortgage company? Were you given an adjustable rate, interest only loan? Does your house have construction problems?
Homebuyers and the men and women who build homes are uniting to fight back
with the Alliance for Homebuyer Justice.
The Laborers' International Union of North America (LIUNA) recently became a founding member of The Alliance for Homebuyer Justice. The project is made up of labor, religious, and community organizations to fight deceptive and abusive practices in the homebuilding and mortgage industry.