Jeld-Wen announced last week that it has entered into a letter of intent to acquire Craftmaster Manufacturing, Inc. (CMI). Closing is subject to due diligence and the negotiation and signing of a definitive agreement, and is expected to occur in the thir
From creating visual scopes of work to implementing open-book management techniques, Scott Sedam searched far and wide for the best new business ideas for builders
Fannie Mae reported a first quarter profit of $2.7 billion Wednesday, and will not require Treasury Department funds to balance its books for the first time since 2008, according to Business Week.
The long-awaited turnaround in the housing market may finally be underway, at least in the active adult segment, if data provided by Epcon Communities are any indication.
Bank of America announced it will be offering mortgage principal reduction to 200,000 underwater homeowners with loans owned or serviced by B of A this summer, according to CNBC.
A national search culminated in the appointment of Andrew Carmody as president of the residential division of Crescent Resources LLC. Carmody has held senior leadership positions with Kitson & Partners, Centex Homes and McKinsey & Co.
D.R. Horton reported a year-over-year earnings jump of 46 percent in the second quarter of 2012, posting totals of $40.6 million for the quarter, which comes to 13 cents a share, according to HousingWire.
In an attempt to reduce the number of foreclosures nationwide, the Federal Housing Finance Agency introduced new rules for the short sale process on Thursday, according to CNN Money.
Weyerhaeuser Co. is now hiring additional trades and production workers at its engineered lumber products plants in Natchitoches and Zwolle, La., and Emerson, Ark.
