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Florida Homeowners Warned of Wildfire Price-Gouging Unscrupulous businesses may take advantage of widespread damage. Survey: Americans Unprepared for Disaster Advance planning can cut recovery time. Whirlpool Settles Water Heater Class Action Multiple failures annoy homeowners. First-Quarter Foreclosures Up 112% Home prices plunge 12.7%, with no bottom in sight. Bank Of America Tries To Stem Rising Foreclosures Says its acquisition of Countrywide will help distressed homeowners. EPA Orders Scotts to Stop Sales of Two More Pesticides Agency charges labels are false, misleading. FCC Loosens Digital TV Rules for Retailers, Manufacturers 'Not enough time' to meet previous rules, industry lobbyists claimed. Public Citizen: Movers Database Missing Crucial Information Consumers still won't know which companies may hold their belongings hostage. Manufacturer Comes to the Rescue of One Kids Quarters Customer No such luck for other customers of bankrupt furniture retailer. Foreclosure Efforts Lacking, States Find Homeowners need more help to stave off foreclosure. EPA Orders Scotts to Stop Selling Unregistered Pesticides Risks of products not known pending further tests. Consumers Having Problems with Digital TV Converter Coupons Latest snag in government's attempt to move TV broadcasters to new frequency band. Existing Home Sales Plunge Sales down nearly 20% from one year ago. Federal Mortgage Aid Needed Now, Consumer Group Warns Housing crisis dwarfs industry's attempt to respond. Lawmakers Propose Bill To Prevent 'Stove Tipping' CPSC has known of tip-over hazard for 20 years. Millions May Lose TV Service After Digital Switchover New York, Los Angeles, other major urban areas at risk. Little Satisfaction for Kids Quarters Customers Bankrupt furniture retailer leaves gaping holes in consumers' budgets. No Need to Overpay for Property Deeds Companies charge big bucks for public documents. Big Box Retailers, Not FEMA, May Be First Line Of Defense Remote, top-down federal management falls short of meeting urgent needs. 'House Stealing' Scam Combines Identity Theft, Mortgage Fraud Thieves steal and sell your house, leaving you stuck with the mortgage. Post-Storm Survival Tips Midwest faces deadly hazards when flood waters recede. Home Warranties Not Always What They Seem Pre-existing conditions not covered, response time often lengthy. Urban Home Values Plunge In January Home prices in some areas down nearly 20% in two months. Home Sales Pick Up, Prices Dip Deeper Existing home sales up in February for first time in seven months. Bankrupt Kids Quarters Takes on a New Identity Online store gets a new name but customers still don't have their furniture. Midwest Storm Victims May be Victimized Again 'Storm chasers' perform shoddy repair work, then skip town. Online Furniture Purchase Goes Sour Consumer reporter still waiting for her loft bed. HD DVD Owners, Retailers Mull their Options Blu-ray's victory leaves Toshiba loyalists in the lurch. Cuomo's Cure for Mortgage Malaise Fannie Mae, Freddie Mac play ball with NY's AG. Mortgage Applications Drop 20% in a Week Looming rate increases cause concern. Senate To Debate Bankruptcy Law Changes Changes would help homeowners facing foreclosure. January Home Sales Down 23% from Last Year Sales at lowest point in at least nine years. Banks Pulling Back on Home Equity Loans Don't be too quick to start that kitchen renovation. 23 Million TV Sets May Go Dark In DTV Switchover Midwest and West may be hardest hit. Sears Stove Tip-Over Case Illustrates Safety Agency's Shortcomings CPSC has known of tip-over hazard for 20 years. States Asked to Probe AT&T U-Verse Explosions Equipment cabinets a threat to life and property, real estate brokers claim. Home Sales Plummet in 4th Quarter Western states see biggest drop, south close behind. Fewer Consumers Getting Mortgages Interest rates fall but so does loan activity. Don't Take Mattress 'Blowouts' Lying Down Irate consumers lose sleep over problems with mattress discount chains. ACORN, Countrywide Tweak Subprime Relief Plan Plan helps distressed homeowners avoid foreclosure. Foreclosure Prevention Efforts Falling Flat Multi-state task force finds little progress to date. Feds Propose New Furniture Fire Rule Safety agency has been struggling with the proposal for years. Homeowners Associations Face More Regulation Virginia the latest to put HOAs under scrutiny. House-Swapping Trend Emerges 'I'll buy yours if you'll buy mine.' High-Definition TV Doesn't Have to be Expensive We build a 125-inch projection system for $1,650. Air Purifiers Under Scrutiny Again Ozone-emitting devices may be a health hazard. Foreclosures Up 75 Percent In 2007 2.2 million filings reported; Nevada, Florida, California top list. New Home Sales Tumble In December Sales fall 4.7 percent to lowest rate in nearly 13 years. Retiring Boomers Flock to Rural Areas Many move to quieter regions of their home state. Existing Home Sales, Prices Keep Falling Re-Fi's up, but potential buyers staying out of the market. Seniors Should be Wary of Reverse Mortgage Scams Scams involving reverse mortgages becoming common. Florida Sues Internet Furniture Company Charges consumers received damaged goods or none at all. States Fight Foreclosure Rescue Scams 'Rescue' schemes often make matters worse for troubled homeowners. Mortgage Rates Down for Third Consecutive Week Slowing economy pushes interest rates down. Housing Starts Plunge 25 Percent in 2007 December drop was biggest since 1991. Countrywide Reports Ballooning Delinquencies Existing home sales drop as housing implosion worsens. Paulson Defends Mortgage Plan Predicts 'slower growth' in markets due to housing turmoil. Feds Offer Vouchers to Cover TV Conversion Cost Transition to digital TV catches many consumers by surprise. New Home Sales Take Record Plunge 12-year low signals continuing housing slump Home Values Plunge At Record Rate Biggest drop since 1991; Miami leads price decreases. The 12 Duds of Christmas 2007 No pipers piping, just the worst products of the year. Foreclosures Up 68 Percent In November Another surge in defaults expected early next year. Nevada Leads In Foreclosures – and Rescue Scams Beware of strangers offering help with mortgage lenders. Fed Endorses Lending Protections New rules include better disclosures, income verification. Senate Passes Home Loan Reform Bill Legislation would help borrowers refinance into government loans. Top Ten Scams of 2007 Old reliables and nervy newcomers fleece rich and poor alike. Winter Months Increase Radon Danger Odorless gas is second-leading cause of lung cancer. Report: Some Home Prices Could Fall 30 Percent Prices likely to sink through at least 2009, Moody's warns. Delinquencies and Foreclosures Continue to Rise More homeowners falling behind on their mortgage payments. Bush, Paulson Unveil Mortgage Rescue Plan Qualified borrowers could get five-year rate freeze. National Home Values Fall in Third Quarter Largest quarterly drop in 25 years; West Coast hardest hit. Mayors Warn Homes Could Lose $1.2 Trillion In Value ubprime meltdown has 'massive' effect on metro areas. Housing Woes Bring More Doom, Gloom Stocks tank after negative business, homebuilder assessments. Subprime Foreclosures Causing Ripple Effects Report finds major impacts on property values, tax revenues. Foreclosures Spike in More Metro Areas Stockton, Detroit, Riverside have highest foreclosure rates. Think Twice Before Buying an Extended Warranty Service contracts depend on the retailer's whims. Tweaking Bankruptcy Law Could Reduce Foreclosures Homeowners missing protection now afforded boat owners. Fireman's Fund Offers 'Green' Policy Wildfire victims get the chance to go green when they rebuild. Mortgage Rates Near Six-Month Low But many consumers may have trouble qualifying. New York Sues WaMu and its Appraisers Companies conspired to inflate appraisals, suit charges. Consumer Energy Costs Skyrocketing Poll shows strong support for Congressional action. Home Prices Sink Deeper Twenty areas report lowest annual returns ever. California Wildfires Aftermath Requires Vigilance Price-gouging, crooked contractors, insurance chiseling often follow disasters Existing Home Sales Crater In September Sales plunged 8 percent as subprime meltdown worsened. Insurers Dumping Customers Along East Coast Hurricane fears lead to rash of cancellations. In Real Estate, the Truth Can Reduce Home Values Study confirms that full disclosure can cost the seller. FCC Wants Consumer Alerts About Analog TVs Conversion to digital broadcasting in 2007 will render analog sets obsolete. Utility Bill Refund Email is a Scam Beware of email offering $480 home heating refund. Noxious Tile Sealer Stayed on Home Depot Shelves At least two consumers died from inhaling Stand 'n Seal fumes. Home Prices Plunge In First Seven Months Of 2007 Fall-off in prices is the greatest since 1991. Winter Heating Costs Projected To Hit Record Highs Bush Administration urged to release funds to help low-income families. Foreclosure Not Inevitable but Fast Action Needed Consumers in trouble should contact lenders before missing any payments. Biofuels Moving to the Suburbs They're environmentally friendly but may be rather expensive. Nationwide Cancels 39,000 More Homeowner Policies Insurers dumping policies in hurricane zones. Home Prices Drop Sharply; Unsold Homes Increase Prices hit 20-year low; inventory grows to nine months. Existing Home Sales Dip for Fifth Month Sales off in July, with biggest decline in the Midwest. Home Sales Take Another Hit Sales, prices sink but some markets may have bottomed out. Consumers Want Allstate Records Kept Public Insurer asks court to seal records relating to its Hurricane Katrina claims. North Carolina Shutters “We Buy Homes” Scheme Supposed foreclosure "solution" actually made things worse, state charges. Ameriquest to Pay $325 Million to Homeowners Company settles predatory charges filed by states. Kmart Still Selling Shatter-Prone Martha Stewart Tables Even though it knows the manufacturer is bankrupt and the tables tend to shatter, Kmart plows ahead. Consumers Warned about Killer Stoves Newer stoves are lighter and can tip over, causing serious injury or death. May Home Sales Take A Dive Sales of existing homes dropped to their lowest level in nearly four years. Manufacturer of Martha Stewart Tables Declares Bankruptcy Companies slither away as consumer class action moves forward. New Mattress Standards Cut Fire Risk New standards give consumers more time to escape a fire. Home Depot Sells Supply Unit As Home Construction Sags Ex-CEO Nardelli's pet project scuttled. Mississippi Sues State Farm Over Katrina Coverage In Louisiana case, whistleblowers claim insurers defrauded FEMA. Homes Still Unaffordable For Many Americans, Study Finds Despite sluggish sales, many families still priced out of housing. Home Prices Fall Again, Sabotaging Recovery Hopes Prices may not return to previous levels til 2011, analyst warns. Home Sales on a Roller Coaster Sales of new homes rise but existing home sales slump. GE Tries to Get It Right in Latest Dishwasher Recall But company could do more, Consumers Union argues. Texas Court Shuts Down Austin Real Estate Scam Scam targeted Hispanics, sold them houses without disclosing liens. GAO: Consumers Still Held Hostage by Movers Congress protects big moving companies at expense of consumers. New Energy Standards May Reduce Washers' Cleaning Power Top-loaders perform better but cost more, Consumer Reports finds. Builders, Contractors Hammer Consumer Sites Three builders sue consumers and the Web sites that post their comments. Property Deed Scheme Spreading Scheme soaks consumers for something they could get much cheaper, may expose them to identity theft. Ladder Injuries Climbing, Study Finds First it was nail guns, now ladders are tripping up weekend handymen. FCC Report Recommends More Cable Choices Eliminating "bundling" would reduce costs and increase choice, report finds. Buying a Home in Foreclosure: What You Need to Know With foreclosures climbing, there is opportunity as well as tragedy. Seniors Bear Brunt Of Predatory Lending Seniors losing their homes to predatory refinance scams. U.S. Foreclosure Rate Surges 47 Percent Banks started 149,000 foreclosures in March, the highest number on record. Regulators Urge Mortgage Lenders to be Flexible with Homeowners Immediate foreclosure is not required when a consumer falls behind, agencies remind lenders. California Foreclosure Notices at 10-Year High Default notices up 150 percent from last year. Consumer Nail Gun Injuries Spike More do-it-yourselfers winding up in emergency rooms on weekends, CDC finds. Bankruptcy Laws Contributing to Foreclosure Epidemic Consumer groups press Congress to amend bankruptcy code to protect families' primary residence. Realtors: Home Prices May Dip This Year First time since the Great Depression that U.S. home prices have declined. Civil Rights Groups Want Foreclosure Moratorium "Payment shock" decimating black, Latino neighborhoods, groups assert. Congress: Wall Street to Blame For Predatory Lending Bipartisan duo considers legislation to make mortgage bond holders share the pain. CPSC Ignores Kitchen Ranges Tip-Over Threat Millions of poorly-designed ranges can tip over, causing severe injury or death. Subprime Loans Led To Decreased Homeownership Study finds no net increase in home ownership despite lending bonanza. Downsize to Survive In a financial bind? Take a cue from big business: Cut your costs now, before it's too late. Free No More: Conversion to Digital TV Carries a Price Tag DTV Day is coming and millions of existing sets will be obsolete. Senate Bill Would Regulate Mortgage Brokers Illinois schedules statewide "summits" to fight foreclosure crisis. Senators Object to DirecTV Deal that Shuts Out Baseball Fans Fans without a dish wouldn't be able to see out-of-market games. Advance Fee Scammers Move Into Real Estate Tried and true scam adapted to the for-sale-by-owner market. Wind Turbine Promises Mostly Hot Air, Suit Charges Massachusetts sues contractor for alleged misrepresentation and failure to install systems as promised. FHA Loan Makes Comeback as Sub-Primes Sink Congress may make adjustments to federally-insured loan program to bring it up to date. Washington State Settles with Mortgage "Rescuers" Investors targeted consumers faced with tax foreclosure on their properties. Ohio Moves to Shut Down New Century Financial Attorney general vows to hold the company "accountable for ... its misdeeds." Feds Will Foot Bill for Digital TV Conversion Kits February 17, 2009 is D ("digital") Day for over-the-air broadcasters. Subprime Lender On Verge Of Bankruptcy New Century a victim of its own success in writing subprime loans. Home Price Growth Last Year was Slowest Since 1999 Sales off 11 percent in last quarter of 2006 from a year earlier. Illinois Probes Ameren's "All-Electric Home" Promotion Customers converted to all-electric power only to find the discount soon ended. In Cooling Market, Subprime Lenders Feeling The Heat "Creative" mortgages creating trouble as defaults, foreclosures rise. Congress schedules hearings. Scams and Foreclosure On the Rise "Surplus funds scam" targets homeowners in trouble. Subprime Lending Out Of Favor At Freddie Mac As "creative" mortgage money dries up, housing prices under more pressure. Court Slams Online Furniture Seller Company collected money, often didn't ship furniture, prosecutor charges. Payback: State Farm Writes Off Mississippi Insurer walks away after losing Katrina-related lawsuits. Mortgage Crisis? Act Now to Avoid Foreclosure Steps you can take to avoid losing your home and ruining your credit. Home Values Sink in Fourth Quarter Slight dip is the first year-over-year decline in many years. Consumer Safety Agency In Limbo White House fails to fill vacancy; remaining commissioners' powers expire. Michigan Realtors Open Listing Services to All Realtors settle anti-trust charges brought by Federal Trade Commission. Federal Reserve Votes To Keep Interest Rates Steady Decision should stabilize consumer interest rates. Super Bowl Boosts TV Sales A big game needs a big screen. Buyers on the prowl for massive high-def sets. Judge Nixes State Farm Katrina Settlement Both sides say they will amend the agreement to resolve the judge's objections. Hoover Fined for Failing to Report Vacuum Cleaner Fire Hazard Defective switch can overheat and start a fire. Netflix Moves To Online Movie Viewing Video streaming brings selected movies directly to customers' computers. BlueHippo Has Many Clones Watch out for layaway schemes promising no credit check. Judge Rules Against State Farm in Katrina Case Judge rules company is liable for damage to home destroyed during hurricane. Jury deliberating damages. Hi-Def DVD Battle May Be Over Hi-def players will accommodate both warring DVD formats. Home Depot Gives CEO Nardelli $210 Million to Quit Autocratic management style, huge salary caused controversy. Subprime Lender Implosion: Bad Omen For Housing Market Mortgage Lenders Network shutters its offices, the latest "creative" lender to collapse. A First: Consumer Gets Restitution for Martha Stewart Table Sears Canada pays up but in the U.S., Kmart and Martha keep their purse zipped shut. Two Million Homeowners Facing Foreclosure Report finds many minority homeowners in trouble because of subprime mortgages. More Homeowners Falling Behind On Mortgage Payments Subprime and ARM mortgages most often in the delinquent column. Realtors See Only Slight Improvement In 2007 New home sales likely to remain flat for much of next year. Countrywide Agrees to Combat Ethnic Disparities in Mortgages HSBC, JP Morgan Chase, Wells Fargo resist New York investigation, enlist federal regulators to shield them. Glass Tables a Serious Safety Hazard TV report finds numerous injuries from non-tempered glass tops. Home Prices Fall In Third Quarter Recent home buyers see their equity shrink as sales of existing homes and condos fall nearly 13 percent. Rent-A-Center Pays $7 Million to Settle California Complaints Nation's largest rent-to-own business promises to reform its business practices. 14 Years Late, Feds Agree to Require More Efficient Appliances States had to sue the U.S. Energy Department to get it to follow Congress' directives. Internet Furniture Seller Slapped With Court Order North Carolina Furniture Buy Direct accused of collecting money but not shipping furniture. KB Home Executives Quit Over Stock Options Probe CEO may have to pay back $13 million in improperly granted stock options. Victimized Twice: Hurricane Victims Scammed by Unscrupulous Contractors Investigative TV report documents rip-offs of New Orleans homeowners. Survey: Homeowners Don't Manage Mortgages Effectively Contrary to reckless spending image, many homeowners are too conservative in managing their mortgage. California Class Action Throws Cold Water on Whirlpool Gas water heaters fail frequently; company does nothing to correct the problem. Fed Keeps Interest Rate Steady As Home Sales Fall Fed cites chilly housing market as sign inflation isn't imminent. Foreclosures on the Rise American Dream becomes the Nightmare on Elm Street as rising interest, weak real estate market intersect. Mortgage Rates Stabilize ... For Now Fixed rate down slightly from last week. Feds Charge Realtors with Anticompetitive Practices Michigan groups charged, while Realtors in five other states settle. Terminix Pleads Guilty To Assault In New Jersey Case Workers were exposed to potentially deadly pesticide. Insulation Dealer Settles FTC Charges Company agrees to be more upfront about its R-values. Craftmatic Settles WV Fraud Charges Company agrees to make restitution, lets consumers keep their beds. Alarm Companies Alarmed Over Cell Phone Transition Shift to new frequencies could render many home alarms inoperable, companies claim. Your Next Home: Custom or Modular? Factory-built homes pulling ahead of custom, stick-built houses. Factory assembly pays off in cost and quality. Existing Home Prices Drop In August First year-to-year decline since 1995. Home Builders Confidence Slips Falling new home sales, rising cancellations are cause for concern. Magnetic Bedding Attracts Lawsuits, Complaints Instead of relief from ailments, consumers get expense and aggravation. Home Prices Still Rising But More Slowly Prices up just 1.17 percent over last year. Study Warns of Homeowner "Rate Shock" Homeowners in the South and Midwest most likely to be hurt by changes in variable rate mortgages. InflationWatch: Consumer Prices Creep Higher Home sales soften, mortgage rates down slightly. Fed Leaves Interest Rate Stable ... For Now Consumers already overburdened by heavy debt loads and energy costs, observers fear. Illinois Shuts Down Mortgage "Rescue" Scam Scheme preyed on homeowners at risk of foreclosure. Gov. Blagojevich orders aggressive enforcement. Starbucks Sales Losing Steam High gas prices may be cutting into coffee sales. Data Shows More California Homeowners Feeling The Squeeze More than 20,000 homeowners in danger of foreclosure. Mortgage Rates Fall Again Rates are reacting to signs of a slowdown in the economy. Flat-Panel TV Sales Poised to Be Anything But Flat Forty percent of consumers plan to buy a new TV soon. Most want a big flat screen. Slowing Economy Takes Pressure Off Mortgage Rates Thirty-year fixed rate stands at 6.72 percent, one point over last year. Feds Target Realtors' Anti-Competitive Practices Prosecutors allege Realtors restrict home buyers' and sellers' effective use of the Internet. Realtors Thwart Internet-Based Home Sales Industry blocks changes that could increase competition and consumer choice. Existing-Home Sales Decline as Housing Market Cools Sales down slightly in June, prices still up over one year ago. State Real Estate Regulation Dominated by Realtors Study finds industry dominates real estate commission in nearly every state. Sounds of Summer: Martha Stewart Tables Shattering Government agencies, manufacturer, retailers stand idly by for years while glass patio tables explode. New York Obtains Judgment Against Internet Scam Brixdale.com promised consumers they could quickly pay off their mortgage. Florida Sues Water Extraction Company for Deceiving Seniors Company allegedly increased prices more than 300 percent after last season's hurricanes. GE Ice Dispensers Serve Up More Than Ice Homeowners find plastic, metal and rust in their iced drinks. GE knows of the problem, says improvements are "ongoing." The Mistakes Borrowers Make, and How to Avoid Them As interest rates rise, getting the right mortgage loan becomes more difficult. Housing Sector Quakes as Fed Chief hints at More Interest Rate Hikes Rising energy prices fueling inflation, Bernanke warns. Movers Keep Upper Hand in Interstate Moves Home-state Senator throws protective blanket over big movers. Backyard Pools Pose Danger to Kids Inflatable pools a growing risk to small children. Lawn Mowing Not Child's Play Serious injuries to children are on the rise, doctors warn. Helping Seniors Weather the Storm As hurricane season opens, it's time to review arrangements for elderly and disabled family members. Consumers Steamed About Whirlpool Water Heater Problems Homeowners who purchased Whirlpool's Flame Lock gas water heaters are taking a lot of cold showers these days. Portable Generators Can Kill Start of summer storm season a good time to review generator safety rules. California Charges Auto, Homeowner Insurers Making Excess Profits Insurance Commissioner Garamendi schedules July hearings on the issue. Whirlpool Dusts Hoover Underperforming Maytag units cut loose by new corporate chieftains. NY Title Insurers Agree to Sweeping Reforms Title firms agree to shelve illegal rebates and referral fees. Greenspan: "Housing Boom Is Over" Some areas may experience "severe" price swings, he warns. Pennsylvania Prosecutes Home Alarm Company Company deceptively marketed and sold electronic in-home alarms the elderly and disabled, state charges. Texas Court Invalidates KB Home's Forced Arbitration Homeowners can now sue KB Home for construction defects. Long Island Property Tax Consultant to Make Refunds Company will make $400,000 in refunds. Metro Home Prices Begin to Cool Condo prices dip but overall home prices fairly stable in major metro areas. Women Driving Home Improvement Purchases Women not only planning projects but taking active role in buying materials. Homeowners Insurance Rates Unfair, Massachusetts Charges Raising rates in anticipation of hurricanes isn't justified, state argues. North Carolina Gives Cleaning Company A Good Scrubbing Carpet and duct cleaning cost a lot, accomplished little. Home Depot Buys a Bank Following the lead of Wal-Mart, Home Depot has its heart set on having its very own bank. Coming Soon: No-Mow Grass Could be bad news for John Deere. Mortgage Rates Continue to Drift Upward Fixed rate is at its highest point since April 2002. Researchers: La Ni�a Won't Affect 2006 Atlantic Hurricanes Sea temperatures "near normal," a good sign as hurricane season approaches. Scam Artists Get Into Garbage Hauling Be wary of low-priced haulers. You may be responsible for their actions. Home Depot, Monogram Credit Card Bank To Pay Connecticut $672,000 "No interest, no payment" offers weren't what they seemed. New Jersey Sues Mattress Company Over Internet Ads Comfort Direct allegedly used unauthorized and fabricated testimonials. Top Bank Regulator Worried by New Types of Mortgages Comptroller of the Currency worries that initial low payments will lure buyers who can't meet higher payments later on. Lawn Mower Injuries Increase Nationwide Most injuries are to children and older people. Mortgage Rates Hit Four-Year High 30-year fixed-rate mortgage (FRM) averaged 6.49 percent, up from last week's average of 6.43 percent. Rebates: Discount or Lotto Ticket Consumers are being robbed of millions of dollars in rebate scams. Does anyone care? Sears Not Amused by Martha Stewart's Deal with Macy's Sears chairman leaves little doubt Martha's days are numbered. Outbreak of DirecTV Porn Charges Hits Philadelphia Rogue subcontractors suspected of setting up bogus accounts to collect big commissions. DuPont Hopes Teflon Charges Don't Stick Iowa judge prepares to hear barrage of class action lawsuits alleging health threats from Teflon cookware. "Mortgage Stripping" Scams on the Rise Illinois Sues Another Mortgage Foreclosure "Rescuer" Whirlpool-Maytag Merger Gets Final OK Justice Department finds 70 percent market share in washers and dryers won't affect competition. Pyrex Panic: Shrapnel in the Kitchen Consumers taken by surprise when "oven-proof" bakeware explodes. New Home Sales Tank In February The sale of new homes made the biggest drop in nine years in February, falling 10.5 percent. Home Sales Show Surprising Uptick Sales of existing homes rose in February following five months of decline, possibly thanks in part to mild weather. Terminix Settles Consumer Complaints In New Jersey Company agrees to get the bugs out of its customer service. Civil Rights Group Charges Five Lenders With Discrimination Benefits of civil rights legislation being undone, rights group charges. Ohio Says Virginia Company Scammed College Student Workers University Painters misled ambitious students, state charges. Mulch From Hurricane Zone Could Carry a Nasty Surprise Many Louisiana parishes are home to very hungry termites. Speculation Driving Natural Gas Prices, Report Charges Midwestern attorneys general probed reasons for sharp price hikes. Ohio Sues Primax Windows for Consumer Violations Company allegedly did shoddy work, failed to deliver as promised. Home Prices Continue To Rise Mark may be soft but prices still headed upward. California Condo Buyers Say They Were Scammed Arrests of mayor and real estate agent confirm buyers' suspicions. Paint Makers Found Liable In Lead Paint Case Cost of getting the lead out may exceed $1 billion. New Jersey Sues Eight Movers Companies allegedly violated consumer protection laws. NY Seeks Contempt Charges against Mover Watertown moving company blocked soldiers and others from reclaiming their belongings. Feds Set New Mattress Fire Safety Rules New standard gives homeowners more time to escape. 2006 Hurricane Forecast: More and Bigger El Nino effect could stir up even more and bigger hurricanes in 2006 than in 2005, forecaster warns. New Jersey Sues TruGreen Chemlawn State alleges lawn service applied treatments without consent and made false promises. Real Estate Markets Turn Chilly Lenders, regulators, builders grow nervous as red-hot markets trun frigid. Missouri Sues Foreclosure "Rescue" Business St. Joseph business engaged in deceptive and unfair trade practices, state charges. Insurance Rates Up Sharply in Katrina's Wake Survey finds premiums up 33 percent in some areas. The Fed Raises Interest Rates Again Consumers confounded by differing interpretations of the nation's economic health. Illinois Launches Offensive Against Foreclosure "Rescuers" Attorney General files suits, proposes legislation to stop "cancer on our community." Home Improvement Complaints Increase Connecticut reports an 8 percent increase in the last year. TV Logos Blamed for Plasma Screen Burn-In Australian sports fans complain of burned-in logos long after games are over. Consumers Sweating Over Home Heating Bills Natural gas prices double in some states. Adjustable Rate Mortgage Payments Headed Up in 2006 Homeowners who locked in at 3 percent could see their rates double this year. Homeowners Associations Extend their Grip More than 50 million Americans now covered by "private governments." Realtors See A Cooling Market In 2006 Existing-home sales expected to dip as much as 4.4 percent to 6.79 million units, which would still be the second highest ever. Gulf Coast Homeowners File Class Action against State Farm Lawsuit argues homeowners' "all perils" policies should cover wind-driven water damage. Feds Tuck In Adjustable Bed Company Company's telemarketers allegedly violated do-not-call law. Texas Warns of Post-Fire Scams Scam artists may prey on homeowners, attorney general warns. Florida Wins Refunds for Hurricane Ivan Homeowners Restoration firm allegedly overcharged homeowners. Few Americans Prepared For Disaster Survey finds Americans think attack or disaster is likely in their area but say they're not prepared. Illinois Earthquake Rattles Insurers Some insurers plan to stop writing earthquake insurance in Illinois, Missouri. Consumers Pay the Price for Disasters: Tips on Minimizing Your Losses in 2006 Disaster planning includes avoiding dangerous situations, picking the right insurance coverage. Maytag Shareholders Approve Merger With Whirlpool Justice Department scrutinizing anti-trust elements. Feds Again Warn Mortgage Lenders Too mamy "creative" mortgages spell trouble, regulators warn. Future of Gulf Coast Homeowners Insurance Murky, S&P Warns Insurers being tight-lipped about their plans. Sen. Trent Lott Sues State Farm over Katrina Damage Prominent Republican turns to his brother-in-law, plaintiffs' attorney Richard Scruggs, to sue State Farm. DirecTV Fined $5 Million for Do-Not-Call Violations Federal penalty follows a $5 million settlement with 22 states. DirecTV Will Reform Ad Practices, Pay Millions in Refunds Twenty-two states sued after receiving complaints from consumers. Mortgage Rates Continue To Rise The cost of financing a home inched higher in early December, putting additional pressure on skyrocketing real estate prices. Pellet-Burning Stove Owners Have a Problem: No Pellets Supply of wooden pellets dries up as propane, fuel oil users turn to wood. Utility Payment Center Diverted Funds, NY Charges Electro-Pay, Inc. collected utility payments but did not forward them to the appropriate companies. Report: Housing Slowdown But No Recession UCLA forecasts no major loss of manufacturing jobs because there are virtually none left to lose. Dodging Recalls with Resales Auction sites like eBay shirk responsibility for keeping recalled products off their sites. Movers Fined for Multiple Violations Feds crack down on unlicensed, unethical moving companies. Bakers Beware: Shattering Pyrex Pans Consumers report baking dishes explode unexpectedly. Busiest Hurricane Season on Record Finally Ends Damage at $60 billion and climbing as season officially comes to an end. Researchers Study East Coast Tsunami Danger Study covers area from the Carolinas to Maine. Congress Considers Taxpayer-Funded Catastrophe Insurance Recent disasters show need for more protection, consumer group argues. KitchenAid, Samsung Rank Highest in Home Appliance Study J.D. Power study ranks KitchenAid dishwashers and ranges highest, while Samsung ranks highest in refrigerators. Five Reasons Not To Buy An Extended Warranty Based on the experiences of our readers, we'd have to say extended warranties are a bad idea. Connecticut Heating Oil Dealer Arrested Company allegedly failed to deliver on prepaid contracts. The Fading Housing Frenzy Luxury home builders warn of falling sales as mortgage rates rise and speculators look elsewhere. Sony Slammed for Hidden CD Software Copy-protected CDs insert hacker-prone software on users' computers. Arizona Settles Fraud Case with O Premium Waters Company misled consumers into signing long-term service contracts. Mayors Alarmed at Threat to Home Mortgage Deduction Presidential panel's plan would harm cities, mayors warn. J.D. Power Survey: Hurricanes Destroy Consumer Satisfaction with their Insurance Amica Mutual ranks highest in overall customer satisfaction. Consumer Groups Raise Questions about Fed Chair Nominee Senate committee asked to grill Bernanke on his commitment to consumer protection. Beware the Pitfalls of Creative Mortgages The author is about to lose her home, thanks to the "creative" mortgage that looked so good a year ago. Hurricane Victims Irked at Companies, Charities Insurers, large retailers disappoint evacuees with inflexible policies, broken promises. One-Third of U.S. Population Lives in Hazard-Prone Areas Columbia University study suggests better planning needed for future disasters. Royal Prestige Cookware: A Royal Rip-Off? Three-month investigation documents consumer complaints, raises questions about company's resolution claims. White House Panel Targets Middle-Class Tax Breaks Home mortgage interest, home equity loans, health and retirement savings at risk. Feds Study Generator Safety Consumer Product Safety Commission chairman alarmed by increase in carbon monoxide deaths from portable generators. Mortgage Rates Edge Above 6 Percent This is the highest the 30-year rate has been since March 31 when it averaged 6.04 percent. Illinois Sues Natural Gas Provider Over Fixed-Price Contract Company reneged on long-term contracts, state charges. Class Action Suit Filed Against AIG Over Katrina Claims Company has not responded to homeowners seeking assistance, suit charges. Texas Orders Allstate to Pay Homeowners' Claims Homeowners unable to return home should receive living expenses, judge rules. Bush Tax Panel Eyes Big Mortgages Tax deduction on jumbo mortgages and employer health care payments under scrutiny. Consumers Face Sharply Higher Heating Costs Natural gas prices could double in some areas, feds warn. Consumer Group Wants Ban on Exports of Heating Oil Oil shouldn't go overseas when there is a shortage at home, consumers argue. Mold Sickens Hurricane Survivors ... and Mortgage Lenders Homes left standing rapidly destroyed by mold, which isn't covered by insurance. Hurricanes Threaten Natural Gas Supplies This Winter Storms and increasing demand expected to stretch supplies this winter. Congress Ponders Katrina Bankruptcy Relief Bills would exempt storm victims from some or all of new bankruptcy requirements. No Slowdown In Housing Market Total sales up 2 percent in August, 7.8 percent over one year ago. Oil Prices Jump Despite 'Light' Hurricane Damage Crude oil prices jumped more than $1 a barrel Monday as traders worried that supplies will not meet demand for heating oil in the months ahead. Mississippi, Insurers In Stand-Off Over Hurricane Damage Mississippi Attorney General wants federal aid to help homeowners whose insurance claims have been denied. Texas Warns Against Exploiting Hurricane Rita Victims Attorney General's office reports receiving more than 500 price-gouging complaints so far. Lawyers Line Up to Sue Insurance Companies Over Katrina Denials Lawyers line up to sue insurance companies over exclusion of water damage. Air Cleaners of Doubtful Value Consumer Reports finds even the best air purifiers may be a frivolous investment. Katrina Victims Face Insurance Delays, Denials Mississippi files suit alleging wrongful denials of many claims. No Bankruptcy Relief for Katrina Victims Rep. Sensenbrenner refuses to hold hearings on waiving portions of new bankruptcy law for hurricane victims. Subprime Mortgage Pricing Varies Greatly Among U.S. Cities Area damaged by Katrina has some of the highest levels of subprime lending. States Sue Feds Over Appliance Energy Standards Department of Energy not enforcing standards for 22 common appliances, states charge. Feds File Anti-Trust Charges Against Realtors Realtors obstruct use of Internet to offer better services and lower costs to consumers, Justice Department charges. Fix It or Nix It: Appliance Repair Tips Consumer Reports study finds homeowners increasingly likely to pitch defective appliances. Massachusetts Seeks To Block Natural Gas Rate Hike No reason for big spike in natural gas prices, state argues. Congress May Modify Bankruptcy "Reform" that Penalizes Katrina Victims New bankruptcy law replaces war on poverty with war on the poor. Katrina Loss Put at More Than $100 Billion Insurance analysts blame inadequate levees, poor preparedness for rising damage, casualty tolls. Insurance, Safety Tips for Homeowners in Katrina's Path It's not too early for homeowners outside flooded areas to contact insurers and begin the claims and rebuilding process. Homeowners Insurance May Cover Additional Living Expenses for Katrina Victims Forced from Their Homes Living expenses generally not provided by flood insurance, however. Housing Prices Post Largest Increases in More Than 25 Years Prices up more than 13 percent over last year. Long-Term Mortgage Rates Drop 30-year fixed-rate mortgage down from last week, Freddie Mac reports. Texas Halts Foreclosure Rescue Scam Scam artists preying on troubled homeowners, many of them elderly, state charges. Higher Minimum Credit Card Payments Add to Consumer Queasiness "Creative" mortgages and higher minimum may put some consumers in a tight squeeze. Mortgage Bankers Fret About "Creative" Loans Trade association warns consumers, bankers to be wary of interest-only loans. More Economists Worry About Housing Bubble Effects of a housing crash would be worst than the stock market bust, one warns. New Home Sales Set Another Record In July Signs of panic buying seen by some economists. Not Many Happy Returns Consumer dissatisfaction with retailers' return/exchange policies growing. Complaints up 11 percent in one year. Home Resales Down from Record, Price Gains Continue Third-highest month on record, even with price slippage. $430 Million Florida Utility Increase Scrubbed Attorney general, AARP work to block big rate hike. Whirlpool To Take Over Maytag Whirlpool will control nearly half the U.S. appliance market. KB Home Customers Find FTC Penalties Inadequate Previous penalties and court orders brought little improvement, homeowners claim. Reliant Energy Pays $453 Million For Staging California Energy Crisis The state�s two largest utilities were forced into bankruptcy during the "crisis." Connecticut Digs Up Driveway Paving Scam Bogus pavers take homeowners' money but do a poor job, or none at all. Home Prices Surge In Second Quarter Most metro areas experienced historically strong annual increases in the second quarter. Loss Of Late Fees Hurts Blockbuster Video rental chain lost $57 million in the most recent quarter. Tupperware Buys Sara Lee Beauty Products Unit Direct salespeople sell beauty products direct to consumers. Suit Charges Martha Stewart Knew of Shattering Glass Patio Tabletops For three years, consumers have complained of glass suddenly shattering. Realtors See Market Coasting For The Rest Of The Year Realtors predict a soft landing for the red-hot real estate market, not a crash. Ameriquest Faces Blizzard of Suits and $325 Million Settlement with States Bush nominates its founder to be ambassador to the Netherlands. Mortgage Rates Continue To Climb Average 30-year fixed rate rose from 5.77 percent to 5.82 percent. KB Home to Pay $2 Million for Violating Home Warranty Agreement California homebuilder will also be required to extend home warranty coverage for an additional year for some homeowners. Florida Consumers to Get $200,000 in Restitution After 2004 Hurricane Season An investigation into price gouging yields $200,000 settlement. New Home Sales Surging Economist fears some buyers aren't being rational. Existing Home Sales Surge To New Record In June Rising interest rates may slow the growth in July. Ohio Settles With Craftmatic BedsFor $425,000 Craftmatic agrees to clean up advertising and sales practices. Mortgage Rates Edge Higher Rates rose for the third straight week but are still below historic norms. Greenspan "Certain" Some Housing Prices Will Dip Rising rate interests will catch up with housing prices, he vows. Connecticut Arrests Fuel Company Owner For Failing to Make Good On Pre-Paid Contracts Criminal charges filed over allegations consumers didn't get fuel oil they had already paid for. Whirlpool Bids $1.3 Billion For Maytag Bid tops previous offer from private investors' group. Californians Seek Class Action Against Cost Plus Furniture chain doesn't disclose its furniture requires assembly, suit charges. They Sure Don't Make Things Like They Used To What has happened to appliances? And why? Martha Stewart Table Tops Shatter, Consumers Complain Summer brings another year of complaints about shattering glass table tops. No recall as yet. Dennis Threatens Gulf Coast Tropical Storm Dennis, building quickly to hurricane status, poses a danger to the entire Golf Coast.
Court Upholds Restrictions On Pesticides Near Rivers Ruling limits the use of 38 pesticides near Northwest rivers and streams where salmon live. Report Faults CenterPoint Energy�s Cold Weather Practices Consumers left out in the cold, attorney general finds. Homeowners Lose Eminent Domain Case Supreme Court sweeps aside objections of homeowners displaced by government-backed commercial development. Tremors Rattle Californians Now's the time to check on earthquake insurance, make sure your home and family are ready for the next quake. Spitzer Charges Feds Conspiring to Shield Banks Against State Consumer Protection Laws "Unconscionable" that federal regulators try to shut down state probe of racial discrimination in lending, NY Attorney General says. High Foreclosure Rates the Dark Side of a Hot Real-Estate Market Florida, Texas lead the nation in foreclosures. Class Actions Challenge Adjustable Rate Home Equity Loans in Texas Loans violate a key clause of the Texas Constitution, the suits charge. Zappers Zap the Good Bugs Bug zappers work, but they kill the wrong insects, including those that feed off mosquitoes. New Forms of Credit Scoring Emerge Lenders looking for ways to evaluate those with little or no credit record. Hurricane Season Is Time to Review Insurance Coverage Homeowners policies don't coverage most hurricane damage. Californians should review their landslide coverage. Arizona Sues Alleged Foreclosure Scam Operators Virtual Realty falsely promised to help homeowners avoid foreclosure, suit charges. Housing Values Continue to Rise National median home value reaches $140,000, up nearly 16 percent in the last three years. Traveling Scam Artists Indicted on Racketeering Charges Group preyed on elderly homeowners in Ohio, prosecutors charge. Massachusetts Sues Home Improvement Contractor Company took the money but didn't do the work, state chargse. Be Wary of Pre-Paid Heating Fuel Contracts Consumers burned by fuel that doesn't show up. Maytag Sold to Investor Group Fabled American appliance maker squeezed by high labor costs, ruthless global competition. New York Takes On Predatory Real Estate Scams Scam artists posing as "foreclosure rescue agents" defraud homeowners. Feds Warn Lenders to Tighten Up With interest rates rising, regulators worry that consumers may have trouble paying back their home-equity loans. New Jersey Toughens Regulation of Builders Acting Governor signs executive order after report warns of widespread problems in new homes. Oregon Hits Unlicensed Contractors Contractors took the money but didn't do the job, state charges. Realtors Try to Head Off Justice Department Suit Over Internet Listings Association says it will try to find a compromise solution. Federal Study Recommends Yearly Sealing of Treated Wood Decks, Playgrounds Arsenic emissions reduced by yearly staining or sealing, EPA and CPSC find. Consumer Reports Tests Mattresses, Results Inconclusive Magazine finds there's no one best bed for everyone. Feds Ready to Sue National Association of Realtors Justice Department objects to efforts to block discounted and online real estate sales. Suit Challenges Utility's Gas-Leak Insurance Illinois utility charged customers for insurance they allegedly didn't need and didn't order. Illinois Charges Hail Storm Chaser Contractor allegedly took down payments for storm repair but never did the work. Mortgage Rates at Lowest Point Since February Rates on 30-year fixed mortgages down for fourth consecutive week. Spitzer Probing Discrimination in Mortgages New York probe focuses on Citigroup, HSBC and other lenders with large subprime portfolios. Maytag Settles Neptune Washer Lawsuit More than two million consumers eligible for refunds or credits toward purchase of a new machine. Texas Sues Water Company Overcharged consumers can look forward to refunds. Florida Kitchen Cabinet Scam Attorney general wins refunds for wronged consumers. Ohio Sues Hot Tub Company Company didn't deliver on promises, charged for work not performed. Like Crabgrass, Lawn Care Schemes Abound Homeowners spend big bucks on lawn care, often get little to show for it. NY Alarm Company Cited for Deceptive Contracts Self-renewing contracts illegal in New York unless proper notice is given. Tougher Criteria for Energy Star Clothes Washers Energy Department's new standards require water conservation as well as reduced energy consumption. Colorado Mortgage Broker Barred from Making Deceptive Claims PWR Processing, Inc. promised consumers "no-fee," low-interest home mortgages following a process of multiple refinances. Springtime Prime Season for Home Repair Fraud Homeowners should get agreements in writing, deal only with established firms. Graco Faces $4 Million Penalty Failed to report safety hazards that threatened millions of children, feds charge. Northeast Consumers Drained by High Heating Costs Massachusetts attorney general asks utilities to "go easy." Florida Contractor Sued Over Hurricane Service Plans Company allegedly failed to perform hurricane preparedness tasks. Chicago Home Remodeling Firm Under Fire Blizzard of complaints became an avalanche, attorney general charges. Pennsylvania Sues Pool Contractor All Style Pools took customers' money but built no pools. Sleepy's Gets Wake-up Call From New Jersey Mattress retailer pays $750,000 to settle complaints. Illinois Charges Storm Chaser with Home Repair Fraud Company collected more than $225,000 for repairs that were never completed. Online Lawn Mower Scammer Will Make Refunds Missouri business sold Troy-Bilt equipment through online auctions but didn't deliver. California Slays Energy Vampires New regulations limit how much electricity devices can draw when not in use. Court Rules Against General Steel In Consumer Fraud Case Colorado charged company deceived consumers nationwide in its sale of steel buildings. Suit Hits Sears Made In USA Claim Class action suit says Craftsman tool parts come from many nations. Tenants Win Equity Properties Suit Florida judge rules Equity charged illegal penalties for tenants who terminated their leases early. Home Depot, Lowe's Settle Credit Card Suit Retailers applied customer payments to interest-free items first, letting other purchasers rack up interest charges. Missouri Sues Water "Purification" Company Hague Quality Water falsely promised its treatment system would improve health and save water, state charges. Kmart Buys Sears Combined company hopes to compete more effectively against Wal-Mart, Home Depot. Illinois Sues Senior Housing Developer Units are not accessible to individuals with mobility problems, lawsuit charges. Lawsuits, Investigations Bug Orkin Florida probes racketeering allegations, consumers seek class-action suit. Ohio Sues Thermal Seal It's the second time the state has gone after the home-improvement contractor. Cold Weather Warning Homeowners should home heating contracts carefully. Illinois Consumers Lost $40,000 in Home Repair Scam Second time Illinois has sued Kabinitwerks owner. Homeowners Hung Out To Dry By Arbitration Clauses Public Citizen wants insurance commissioners to take action. Take the Pledge: Check Out Your Contractor Now, Not Later Spring and fall are good times to get ripped off by phony home improvement contractors. Consumers Could Lose Big in Huffman Koos Bankruptcy Process unfair to consumers, Connecticut Attorney General charges. Shortage of Building Materials May Boost Home Prices Home builders want White House to loosen import restrictions. Don't Mess with Texas Contractors Texas homeowners gouged by renegade contractors as courts stand idly by. Cigarettes' Role in Fires Growing Fire safety group wants more states to require self-extinguishing cigarettes. Feds Target Pool Safety New guidelines proposed for pool safety and entrapment hazards. California Charges Firm Preyed on Foreclosure Victims Housing Assistance Services charged high fees but did nothing, Attorney General charges. Court Order Against Jennifer Convertibles New York court orders company to reform its practices and pay restitution to consumers whose complaints were ignored. Huffman Koos Furniture Chain Declares Bankruptcy Consumers urged to use caution to avoid losing deposits; pay be credit card when possible. Whirlpool Named in Class Action Suit Suit alleges company knew of defects in Calypso washers, dryers. Water Purification Company Faces Fraud Charges Pittsburgh company made unsubstantiated claims, Attorney General charges An Insider's View of the "Mattress Mafia" "New" mattresses are often anything but. A longtime insider reveals industry secrets. Study Confirms Mold Causes Health Problems The question is how to effectively deal with mold and dampness. Class Action Charges Insurers Chiseled Hurricane Victims Insurers low-balled damage estimates, suit claims. New York Closes BeaverHome.com Online home furniture store took money but didn't deliver. Lawsuit Charges Mr. Coffee Knew of Problems Illinois consumer says three successive Mr. Coffee units failed. New York Seeks Contempt Order Against Jennifer Convertibles Says furniture dealer is violating 1998 court order barring deceptive practices. Home Improvement Contractors Charged Illinois and Missouri crack down on alleged crooked contractors. New Jersey Sues Sleepy's Mattress chain selling defective merchandise and failed to keep delivery promises, state charges. AARP Sues Tenant Screening Company Seniors and others denied housing because of firm's errors, suit charges. Class Action Suit Names Home Depot, Lowe's, Monogram Credit Card Bank "Six Months Interest-Free" is anything but, suits claim. Flood Damage? Fraud May Be Next Hazard Fraudulent "inspectors," home repair scams common after natural disasters. New York Sprays Terminix with $759,000 Penalty Company violated environmental and consumer protection laws, state charged. New York Sprays Terminix with $759,000 Penalty Company violated environmental and consumer protection laws, state charged. GE to Pay $1.4 Million in Dishwasher Recall Lawsuit New York attorney general charges company duped consumers into buying a new machine instead of making a simple repair. Goodyear Hoses Damaging Home Heating Systems National class action lawsuit being considered. |
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