Sector: Construction Materials

Barely two weeks into a new government program that allows severely underwater borrowers with loans backed by Fannie Mae and Freddie Mac to refinance their loans to lower rates, the numbers are surging.   Read More

A potential $25 billion settlement between the nation’s four largest banks and the 50 state attorneys general over faulty foreclosure processing is imminent.    Read More

Dan Fulton, CEO of Weyerhaeuser, talks to Cramer about the quarter.   Read More

While homeownership may be a tenet of the “American Dream,” renting is today’s actuality for a growing number of Americans.   Read More

It will go through the government mortgage insurer, the Federal Housing Administration and could cost between 5 and 10 billion dollars, according to senior administration officials.    Read More

Anyone with any cash in hand should be buying a house right now. That’s what any real estate agent will tell you, obviously, but that’s also what many investors now believe. Unfortunately, the potential home-buying public…isn’t buying it.    Read More

Jim Cramer’s researcher, Nicole Urken, takes a look at some recent data points that point to optimism for the macro economy.   Read More

Late Friday the U.S. Treasury Department announced a major expansion of its Home Affordable Modification Program. Now taxpayers will pony up the cash, as Treasury is tripling the financial incentives to lenders and opening the program up to Fannie Mae, Freddie Mac and investors in rental properties.   Read More

The number of new foreclosures in 2011 dropped nearly 40 percent, according to year-end numbers just released by Lender Processing Services; there is, however, little cause for celebration.    Read More

Even if economic growth in the U.S. is not as strong as Caterpillar is forecasting, investors can expect the company to deliver on its 2012 guidance anyway, one analyst said.    Read More