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You are here: getNEWS » Building Industry News Headlines  
Building Industry News

This page lists headlines from the building industry news sources BuilderOnline, BigBuilderOnline, Yahoo! Finance and others.

The news feeds are updated regularly and are linked to each organization's website. To read an entire story, simply click on the link and a new window will open; after reading, simply close the window and you'll return to this page to continue scanning headlines.


 

 
    
BuilderOnline Headlines
NEW YORK - Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.
July 29--A Las Vegas home builder was indicted Wednesday after federal authorities accused him of arranging to sell his houses at inflated prices as part of a scheme to "kick back" money from mortgage loans to buyers and their associates.
LOS ANGELES - Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.
WASHINGTON - Loan officers at banks will be required to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble.
WASHINGTON - The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified.
      
BigBuilderOnline Headlines
Standard Pacific Corp., Irvine, Calif.
The time is over for government help for the housing industry, Ryland Homes CEO Larry Nicholson told analysts during the company's second quarter earnings call.
NEW YORK - Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.
LOS ANGELES - Households across a majority of large U.
NVR, Inc., Reston, Va. (NYSE:NVR), late Thursday morning announced that its board had approved a $300 million common share repurchase program.
      
Yahoo! Finance Headlines
Standard Pacific Corp. today announced operating results for its second quarter ended June 30, 2010.  
Homebuilder NVR Inc. said Thursday its board of directors approved the repurchase of $300 million in common stock. The buyback will not occur all at once, and will take place on the open market and through privately negotiated transactions.
NVR, Inc. , announced today that its Board of Directors has authorized the repurchase of $300 million of its outstanding common stock.  The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit.  The Company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and is consistent with NVR's strategy of maximizing shareholder value.  Consistent with prior authorizations, this new authorization prohibits the Company from purchasing shares from the Company's officers, directors, Profit Sharing/401K Plan Trust or Employee Stock Ownership Plan Trust.  NVR currently has 5,849,824 shares of common stock outstanding.
      
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