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Homebuilders could face negative rating actions in the coming months, Fitch Ratings says, as...

Homebuilders could face negative rating actions in the coming months, Fitch Ratings says, as "home prices likely [will] remain soft over at least the next few quarters." The pressures have already prompted recent Fitch downgrades of Beazer (BZH -2.2%), KB Home (KBH -4.8%) and Pulte (PHM -6.8%). Also: TOL -3.3%, DHI -4.5%, LEN -3.7%.
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