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CONNECTICUT LANDLORDS SETTLE LEAD-BASED PAINT DISCLOSURE CASE
BOSTON - The U.S. Environmental Protection Agency and the U.S. Department of Housing and Urban Development today announced that a Connecticut property management company and several affiliated New Haven owners have agreed to pay a $32,000 fine for failing to inform tenants their apartments may contain lead-based paint. In addition, the landlords agreed to render those units lead safe at a cost of more than $400,000.
One New Foreclosure Filing for Every 879 U.S. Households, Activity Remains High
Foreclosure listing activity across the nation remained at a high level in the month of July 2007. The total number of properties either entering or moving through some stage of the foreclosure process was 131,574 or one foreclosure for every 879 households in the U.S.According to data compiled by Bargain Network (bargain.com), an online provider of real estate foreclosures, the number of residential homes either entering or moving from one stage of foreclosure showed little movement.
