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Judge dismisses Concord couple's suit against Beazer: Ruling: No proof builder damaged property...
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Apr. 30--A U.S. district judge has dismissed a Concord couple's lawsuit against Beazer Homes USA, saying the couple failed to prove the homebuilder's lending practices resulted in foreclosures that contributed to falling property values. Lea and Mark Tingley sued Beazer in March 2007, alleging Beazer illegally arranged loans that some borrowers could not afford, producing a high rate of foreclosures and a subsequent decline in property values in the Tingleys' Southern Chase neighborhood.
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