DR Horton has been holding its conference call following release of its earnings earlier: D.R. Horton 2Q Profit Tumbles 85 Percent.
The most notable comments: It sees continued softness IN 2008 (not going into) and also sees an uptick in early payment defaults on mortgages - meaning folks who default within the initial months of moving into their brand spankin' new DR Horton house.
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