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Loan Modification

: Mortgage Lender Implode-o-Meter

Hovnanian Calls Out for Government Support

By Implode-Explode Heavy Industries

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"Hovnanian Enterprises, Inc. (NYSE: HOV) reported results and as a home builder had no choice but to make the case that they are trying very hard in a difficult environment. They point with some optimism to the contract cancellation rate which is now tracking at 24% is a real improvement over previous quarters. "

Full post as published by Mortgage Lender Implode-o-Meter on June 03, 2009 (boomark / email).

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