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Commented on Survey: Economy Forces Many to Slash, Freeze Security Staff

It is really such a bad news that economic crisis has now affecting lots o us today. Recently, Pulte Hoes acquired Centex, a Dallas based real estate developer who had been struggling in the housing slowdown and wasn't getting short term loans from the government. Pulte bought them out, and added them to its umbrella. Centex had closed down their mortgage wing, and was only offering financing to people who bought Centex built homes. If it pays off, it might be a return to profitability and no more short term loans for Pulte Homes.

3 years ago