EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

Mark Wittstadt: Butler & Hosch sale, Dustin Johnson lawsuit severely impacted firm

What to expect when you’re expecting a CFPB administrative action

A deeper look at PHH ruling reveals how the bureau views enforcement

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Plus the mortgage bond outlook, the NYT joins the GSE investor struggle, and more
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Items Tagged with 'Ryland'

ARTICLES

Entry-level homebuilders most at-risk as HUD shuts down

Prolonged shutdown may create delays for first-time buyers
Kerri Ann Panchuk
A prolonged government shutdown could create delays for homebuilders and first-time buyers if the Federal Housing Administration remains closed for longer than a few weeks, an analyst with Sterne Agee claimed Tuesday.
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Luxury builders better positioned in rising interest rate environment

Moderate-income market could face headwinds
Kerri Ann Panchuk
Upscale homebuilders may gain the upper hand as mortgage rates rise, putting pressure on builders and buyers in the low- to middle-income segment.
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Ryland Group returns to a profit

HousingWire Staff
Homebuilder The Ryland Group [stock RYL][/stock] returned to a profit in the fourth quarter, reporting earnings of $1.3 million for the three months ended Dec. 31,...
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Ryland, Pulte Continue to Struggle

Paul Jackson
Via MarketWatch: [Ryland] took pretax charges of $60.4 million for inventory valuation adjustments. New orders dropped 31.6%. The company said its inventory of unsold homes stood at 719 units at the end of September, down 12.6% from the end of 2007... (At Pulte) Net new home orders for the quarter totaled 3,008 homes, a 34% decline from the same period a year ago.
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Can Courts Force Retroactive Price Protection?

Paul Jackson
We have to ask -- in light of today's news that both KB Home and Ryland are planning to roll out nationwide price protection guarantees -- can anyone else without a guarantee sue to get one? We at HW could see plenty of pissed-off borrowers who bought and weren't offered price protection.
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