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Loan Modification

: Loan Modification & Home Loan News

Bailed Out Homebuilders Living High on Big Fat Pay Checks During Building Bust

By Moe Bedard

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In 2006, the year home prices peaked, D.R. Horton’s sales did as well, with 53,099 home sales closed. Its founder predicted the company would break the 100,000-unit barrier by 2010. That will not happen — not this year, not anytime soon. Horton sold just 16,703 homes in 2009. Since the depths of the downturn in 2007, the [...]

Full post as published by Loan Modification & Home Loan News on May 07, 2010 (boomark / email).

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