Sunday, September 24, 2006

LA Times - "Waning Home Sales Take Further Toll on the Industry" (9-22-06)

"Countrywide may cut thousands of jobs. KB's revenue growth slows in its latest quarter."

"The weakening housing market continued to take its toll on the industry Thursday as mortgage lender Countrywide Financial Corp. disclosed the possibility of thousands of layoffs and builder KB Home reported slowing revenue growth."

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