D.R. Horton is set to grow its homebuilding business in the state of Iowa, as the homebuilder announced Tuesday that it acquired Classic Builders, one of the largest homebuilders in Des Moines. According to D.R. Horton, it expects to pay approximately $60 million in cash for Classic Builders and its homebuilding assets.
- New York foreclosure firm admits to cheating Fannie Mae, VA out of millions
- Do you have the best technology in mortgage lending? Prove it!