Friday, March 21, 2008

Mortgage Mess Hits Home For Nation's Small Builders - WSJ.com

Mortgage Mess Hits Home For Nation's Small Builders - WSJ.com: "Mortgage Mess Hits Home
For Nation's Small Builders
Delinquencies Rise,
Hitting Local Banks;
Mr. Whitlatch Folds
By MICHAEL CORKERY
March 21, 2008; Page A1

TWINSBURG, Ohio -- In the first wave of the housing crisis, homeowners across the U.S. lost their properties to foreclosure. Now, many of the nation's small and midsize home builders are on the ropes."

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