The former treasurer of what had been one of the country’s largest privately held mortgage lenders pleaded guilty Thursday to a nearly $2 billion fraud conspiracy that authorities say contributed to the failure of her employer as well as an Alabama-based bank. Desiree Brown, 45, of Hernando, Fla., faces up to 30 years when she is sentenced in June. She was an executive at Ocala, Fla.-based Taylor, Bean & Whitaker, which filed for bankruptcy in 2009.
Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio
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HUD would permit multi-story manufactured homes without a permanent chassis
HUD proposes expanding manufactured home rules for multi-story designs, allowing upper sections without a chassis that can cost $5,000 to $10,000.
Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio