9 Tough Breaks For The Housing Industry In 2009
Builders had to deal with new appraisal rules, limited lending, Chinese drywall, and more.
Illinois-Based Kirk Homes Loses Battle to Survive Bankruptcy
A Chicago judge rejects the builder’s reorganization plan, which its largest lender opposed.
Another Builder Could Escape Bankruptcy Soon
Last-minute changes to Kirk Homes’ reorganization plan meet lenders’ demands about getting repaid.