Tag Archives: credit

Mortgage Credit Curbs Hit New-Built House Sales Hardest, Homebuilders Say – Bloomberg

Mortgage Credit Curbs Hit New-Built House Sales Hardest, Homebuilders SayBloombergUK homebuilders say their sales are suffering because of mortgage lending restrictions that make it easier for first-time buyers to purchase secondhand properties than new ones. … and more » read more

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MDC Holdings (MDC) Upgraded by Credit Suisse (CS) to “Outperform” – American Banking News

MDC Holdings (MDC) Upgraded by Credit Suisse (CS) to “Outperform”American Banking NewsThe homebuilding operations consist of wholly owned subsidiary companies, which purchase finished lots for the construction and sale of single-family detached homes to homebuyers under the name Richmond American … Continue reading

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NAHB Calls on Congress to Improve Credit Access – Hardwood Floors (blog)

NAHB Calls on Congress to Improve Credit AccessHardwood Floors (blog)The National Association of Homebuilders (NAHB) has asked Congress to take tangible steps to improve access to credit for homebuilders. "It is clear that congressional action is needed to help open … Continue reading

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Brazil Stocks Rise On BRF, Credit-Card Companies, Homebuilders – Wall Street Journal

Brazil Stocks Rise On BRF, Credit-Card Companies, HomebuildersWall Street JournalSAO PAULO (Dow Jones)–Brazilian stocks gained Friday as homebuilders and credit-card payment processors jumped and BRF Brasil Foods climbed on reports Warren Buffett had bought shares of the company. The benchmark … Continue reading

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Builder Credit Swaps Fall After Hovnanian Unveils Capital Plan – Bloomberg

Builder Credit Swaps Fall After Hovnanian Unveils Capital PlanBloombergThe cost to protect homebuilders' debt fell after Hovnanian Enterprises Inc. announced a plan to raise capital … and more » read more

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NAHB Reports a Rising Demand in Apartments; Sees Lack of Credit to Finance New … – Real Estate Channel

Orlando Sentinel NAHB Reports a Rising Demand in Apartments; Sees Lack of Credit to Finance New …Real Estate Channel(ORLANDO, FL) — According to officials at the National Home Builders Association's (NAHB) annual International Builders Show in Orlando Florida this week, … Continue reading

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Credit Suisse (NYSE: CS) Analysts Downgrade Lennar Co. (NYSE: LEN) to "Neutral" – American Consumer News

Credit Suisse (NYSE: CS) Analysts Downgrade Lennar Co. (NYSE: LEN) to "Neutral"American Consumer NewsLennar Co. (NYSE: LEN)'s stock traded up 1.41% on Friday, hitting $19.41. Lennar Co. has a 52 week range of $11.93 to $21.79. The stock's 50-day moving … Continue reading

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Credit Suisse cuts price target of KB Home – International Business Times

Credit Suisse cuts price target of KB HomeInternational Business TimesBy IB Times Staff Reporter | September 28, 2010 5:02 AM EDT Credit Suisse lowered its price target on shares of KB Home to $11 from $14, as it sees downside … Continue reading

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Global Credit Risk Climbs Amid US Housing Slowdown Concerns – BusinessWeek

Global Credit Risk Climbs Amid US Housing Slowdown ConcernsBusinessWeekContracts on KB Home, the US homebuilder that targets first-time buyers, rose the most in two months. Merrill Lynch swaps climbed 10.9 basis points to 192.8 … and more » read more

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Purchases of US Existing Homes Probably Dropped as Credit’s Effect Waned – Bloomberg

Purchases of US Existing Homes Probably Dropped as Credit's Effect WanedBloombergSales at Miami-based Lennar, the third-biggest US homebuilder by revenue, were running 20 percent to 25 percent lower last month than a year earlier as the … and more » read … Continue reading

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