Two lenders are providing new financing for the builder’s future operations.
Forest Hill, Md.-based builder is undone by the recession and too much debt.
Capital concerns and regulatory uncertainty make it unlikely that banks will loosen up lending for home builders until 2010.
Many say they’re grateful for the boost, but they don’t expect giant sales gains as a result of new monetization policy.
Real estate agents and builders expect activity to surge in months ahead as buyers try to take advantage of tax credit.
But some companies still don't seem to fully believe in the power of their Web sites as promotional tools.
Sign up for free enewsletters