Moody's downgrades 3 homebuilders to junk

Story date: 2007-10-11 10:13:00
Added on: 2007-10-11 14:45:22

CNN Money - ... were taken off review for downgrade where they had been placed on Aug. 22, Moody's said. The outlook on all three companies ... Homebuilders continue to be plagued by disruptions in the mortgage market, rising new and existing inventory levels ...


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