Blog > D.R. Horton, NVR, Taylor Morrison, M/I Homes earnings recap for mortgage lenders
D.R. Horton, NVR, Taylor Morrison, M/I Homes earnings recap for mortgage lenders
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Builder mortgage units saw Q1 profit slides (NVR down 17%) despite an 11% rise in new home loan applications. Overall homebuilder net income dropped, and sales incentives remain high.
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