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Items Tagged with 'Ryland'

ARTICLES

Ryland, Pulte Continue to Struggle

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?

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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