Friday, December 7, 2007

Housing turmoil leaves few winners

Duration: 02:12 minutes
Upload Time: 2007-08-23 21:22:07
User: reutersvideo
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Tags:

mortgage  subprime  lender  credit  rating  housing  

Description:

Aug. 23 - The downturn in housing shows no signs of improvement as Toll Brothers, the largest U.S. luxury home builder, said tighter credit is likely to weigh on its future bottom line. S&P added to the negative tone when it lowered its credit rating on four home builders. Moody's also has several home builders under review. Diane King reports from New York.

Comments

JiveDadson ::: Favorites  2007-08-25 10:39:35

It's easy to win in this market if you've saved some money.
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