Housing Slowdown Pushes Homebuilder Into Ch. 11

By Ben James (November 9, 2007, 12:00 AM EST) -- The slowdown in the U.S. housing market pushed homebuilder Dunmore Homes Inc. into Chapter 11 on Thursday, after rising costs, falling home prices and high interest payments on the company's debts, which exceed $100 million, undermined the company's ability to turn a profit....

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