Banks

Fair Housing Group Accuses BofA of Discrimination
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Fair Housing Group Accuses BofA of Discrimination

The National Fair Housing Alliance is filing a discrimination complaint against... More

How Builders View Lenders
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How Builders View Lenders

A new survey reveals that builders value lasting relationships with their mortgage... More

U.S. Mortgage Bond Markets Liquid Despite Low Volumes
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U.S. Mortgage Bond Markets Liquid Despite Low Volumes

The market for U.S. government mortgage-backed securities remains deeply liquid... More

Builders Can't Like Where AC&D Lending Standards Are Heading
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Builders Can't Like Where AC&D Lending Standards Are Heading

The first-time buyer market's waking up and builders are ready to bring more... More

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Perception Is Reality in How Lenders See Builders Perception Is Reality in How Lenders See Builders

More than ever, creditworthiness is in the eye of the beholder, says one financial consultant. More

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A New Capital Source for Infill Projects Breaks onto the West Coast Scene

Sabal Financial is targeting small to midsize builders in need of AD&C financing. More

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Wells Fargo's Confidence in Housing Leads to Lending

The bank has created a new group dedicated to supporting builders and developers. More

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Meritage Moves Against Inspirada JV

Meritage Homes Corp., Scottsdale (NYSE:MTH) late Thursday filed an 8-K with the Securities and Exchange Commission disclosing its intention to contest an effort by lenders and its joint venture partners to pay liabilities of $13.2 million related to the stalled Inspirada community in Henderson, Nevada. The filing was triggered by the June 6 receipt of a demand from the lenders, led by J.P Morgan Chase, for payment of $13.2 million considered by the lenders as Meritage's share of the amount owned by the joint venture, which was forced into involuntary bankruptcy by the lenders in December. More

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Reader Responses: Is Your Bank Lending Again?

We asked readers whether their banks had recently started lending again. Here are some of the responses we received. More

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Maronda Homes' Bankruptcy More a Battle Plan Than a Surrender

Unable to resolve a credit agreement dispute with one of its 14 lenders, the builder has filed for Chapter 11 protection—but only for some of its entities. More

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