Real Estate Transfers For May 16-22

Thursday, May 23, 2013
NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423-266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) in Hamilton County Register Office records. 



Real Estate Developer Crupi Pleads Guilty To Wire Fraud

The owner of a low income housing firm in Chattanooga pleaded guilty on Tuesday to federal fraud charges. Matthew John Crupi, who raised $5 million for the Urban Investment and Development (UID) firm, appeared before Federal Magistrate Bill Carter. His plea was to wire fraud. Prosecutors said the real estate developer promised investors a return of up to 20 percent. ... (click for more)

Corker Criticizes Reconsideration Of Pay Cap For Fannie Mae/Freddie Mac CEOs

Senator Bob Corker released the following statement regarding reports that Federal Housing Finance Agency (FHFA) director Mel Watt will reconsider the executive compensation cap for the CEOs of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. He said, “Just last week, FHFA’s own stress test showed that Fannie Mae and Freddie Mac could require a $157 ... (click for more)

Ganns/Falling Water School Way Over Budget

The final figure for the new Ganns/Falling Water School is way over budget, county officials said Wednesday. However, the County Commission voted to proceed on the $29,414,000 project. Gary Waters of the county schools said his estimate had been $25 million and he was surprised at the amount of the school bid that was awarded to Rentenbach Constructors. He said in lean times ... (click for more)

Hutcherson Says Erlanger Board To Be More Transparent; Dinner Meetings To Be Open

Erlanger Board Finance Chairman Donnie Hutcherson said the board plans to be more transparent. He said Erlanger's legal staff will review topics that might be covered in a closed meeting. He stated, "This will be based on a very conservative interpretation of applicable statutes and other guidance; therefore, more items will be discussed in open session." Mr. Hutcherson also ... (click for more)

The Swat Heard 'Round The World

If one can reach Toya Graham, the lady who whipped her boy and brought  him home from a life of crime in Baltimore, I want to give her a  nomination for my Bill of Rights Award.  This was a beautiful move and one which I call The Swat Heard 'Round the World.  Mind you, if it had been a white lady whipping her child to save her child from crime, she would ... (click for more)

Roy Exum: Lamar Is Embarrassing

Senator Lamar Alexander, who has wonderfully dedicated his life in public service to others, is treading on a treacherous tightrope. The former U.S. Secretary of Education should have had the horse sense to know that playing footsie with the state’s repugnant “Big Lick” crowd of animal abusers will end in disaster. But he clearly embarrassed himself earlier this week when he introduced ... (click for more)