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Sunday, December 23, 2007

Hovnanian's Losses Quadruple

Homebuilder reports huge loss as housing downturn slugs the company.

GO HERE for the entire article.

2 comments:

Anonymous said...

This must be the "parent" of the firm that is involved in the lawsuit with the owner of the old "Salisbury Mall" -- K Hovnanian Homes Of Maryland LLC.

Anonymous said...

and our 14 million TIF (now, Later more) is gonna be "bailing" them out???