FHBA Attacking Credit Crisis

By Jay Carlson, President

In our continued effort to leave no stone unturned when it comes to raising the awareness of the difficulty FHBA members are facing when it comes to lines of credit being called by various banking institutions, I want to share with you news of two important meetings – one with the FDIC and one with Sun Trust Bank.

CFO Sink Addressing Credit Crisis

A Message from CFO Alex Sink:

As the year draws to a close, I want to take this opportunity to extend holiday greetings to members of the Florida Home Builders Association. If I were Santa, I’d put a more normalized credit market and rising home sales in each of your stockings.

Lending Practices Jeopardize Housing

By Jay Carlson

Struck hard by the mortgage and credit crisis, the Florida building industry’s ability to provide housing is in jeopardy. That’s because extreme financial institution business practices are forcing solvent, credit-worthy home builders to the brink of financial disaster.