Ocwen Chairman Erbey resigns as company admits misconduct

Ocwen Chairman Erbey resigns as company admits misconduct

Company to pay $150 million to homeowners

Existing home sales collapse 6.1% in November

Tumble comes amid record low declining rates, prices

Monday Morning Cup of Coffee: Oil’s crash will impact MBS market

Mortgage fraud is still a problem, plus the gift of housing metrics
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Items Tagged with 'Toll Brothers'

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From HW Magazine

Banking on builders

How wise is it to invest in residential construction right now? The answer: it depends
The HW 30 represents the top public companies that make up the core of the nation’s housing economy. Among them are some of the country’s biggest builders, the largest among them D.R. Horton (DHI), though Toll Brothers (TOL) is perhaps the one to watch now. Is it time to invest in home construction? Here’s our take.
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Toll Brothers' earnings surge 29%

Beats expectations
Brena Swanson
“For the first time in four quarters, our contracts were up in both dollars and units compared with the prior year’s same period,” said Chief Executive Douglas C. Yearley, Jr.
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Toll Brothers CEO calls new mortgage rules dumb

“3% down doesn’t make any sense”
Brena Swanson
Not every builder is on board with federal regulators’ move this week to open the credit box and ease mortgage-qualification standards. While other builders like PulteGroup and Ryland Group welcome the new rules, Luxury homebuilder Toll Brothers finds the rule dumb.
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Homebuilders to weigh in on mixed 2Q14 earnings

Projections remain positive so far
Brena Swanson
Moving further into second-quarter earnings season, homebuilders are starting to release how they are measuring up in the housing industry, with D.R. Horton next on the list for Thursday morning.
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Toll Brothers fails to impress analysts

Toll Brothers recorded a second quarter net income of $65.2 million, or $0.35 cents per share, but this failed to impress analysts, who continued to rate the stock at an underperform.
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Here's what investors need to know about housing now

BofAML analysts push patience, key builders in recovery diagnosis
Trey Garrison
Many consider the outlook for housing in 2014 to be bleak, but the team at BofA Merrill Lynch says it’s not time to write it off.
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Homebuilder stocks rise on HW 30

Despite recent pressure, homebuilder stocks show hopeful future
Brena Swanson
The HW 30 finished the month of March up 0.7% and is up 0.6% year-to-date. However, the positive news may not seep in homebuilder stocks just yet.
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Homebuilder stocks dive on existing home sales news

Markets stabilize after bleeding followed FOMC
Trey Garrison
Homebuilder stocks were down in early afternoon trading on news of the continuing decline in existing home sales, moving at the slowest pace in 18 months.
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Toll Brothers earnings surge on higher home prices

Net income totals $45.6 million
Brena Swanson
Luxury homebuilder Toll Brothers' first quarter net earnings ended Jan. 31 increased to $45.6 million, or 25 cents per share, driven primarily by higher prices and volume.
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Negative builder news drags on HW 30 for second day

Builders take brunt of bad January construction reports
Trey Garrison
Stocks were mixed Wednesday with several construction and home builders suffering after down reports from the National Association of Home Builders and the Census Bureau on housing construction.
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