Industry News

Beazer exiting five markets, closing mortgage unit

Builder's lending unit subject of investigation
Published on Feb 1, 2008

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by CareyBot

Countrywide Financial Corp. will be the “preferred mortgage provider” for customers of Beazer Homes USA Inc. as the builder closes its troubled mortgage origination unit and winds down home-building operations in five markets. Originations through Beazer Mortgage Corp. are discontinued ...