The White House left distaste in mouths of those in the housing industry when it revealed on Wednesday its $75 billon plan for dealing with the housing crisis.
Since early February 2009, NVR officers and directors have sold a total of 373,360 shares, 339,059 of which were sold by founder and company chairman Dwight Schar.
Spokesman says company is in "negotiations with lenders, some more successful than others." He said the company would have a further statement on Wednesday, Feb. 18.
Meritage Homes filed notice Feb. 10 of an exchange agreement, retiring $4.3 million of the principal amount of its 7.731% senior subordinated notes with a maturity date of 2017 in exchange for 149,994 shares of common stock in a private transaction.
