Richard Suttmeier submits: In addition to my proposal for a rigorous stress test for community banks seeking bailout money, I also propose a new program to assist banks in clearing their balance sheets of non-performing assets. Greed among community and regional banks on Main Street resulted in a vast quantity of distressed C&D and CRE loans on the books of community banks.
NEW YORK (Reuters) - Luxury homebuilder Toll Brothers Inc will launch an investment fund to buy up distressed real estate assets, including loan portfolios and land for development, the company said on Monday.
ByDavid Guarino:With many investors still sitting on the sidelines recovering from the housing collapse a few years ago, I would urge them to evaluate the home builder industry for potential investment opportunities.
By Alex Shadunsky: Toll Brothers (TOL) has had an interesting past five years, trading between $15 and $25 during most of that time. As the economy gets better, Toll might stand to benefit because of the increase in the demand for housing.
By Investanomics.com:Toll Brothers (TOL) is a luxury homebuilder with operations in 50 affluent markets in 21 states. I'm bullish long term on Toll Brothers because it is a well run company that has handled this slow economy well. Now this is not a bullish call on the whole housing sector; there is still a very strong possibility the housing market will slow and the economy could enter another recession.