Housing Crunch Still Hitting LennarInvestors sold home builder Lennar (LEN) Tuesday after it reported a wider-than-expected loss and slashed promotional interest rates below 4% to push sales.The Miami-headquartered home builder lost 98 cents a share in the first quarter, down from 56 cents a year ago, and reported a 21% drop in new orders. Wall Street analysts trying to find a turning point in th
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