Fitch U.S. Homebuilder Teleconference Today 11AM ET; The Malaise Continues

NEW YORK--(Business Wire)--With the housing contraction unexpectedly gaining momentum last
year, U.S. homebuilders have no respite in the severe housing
contraction and prospects remain guarded, at least in the intermediate
term, according to Fitch Ratings, who will be hosting a conference
call this morning at 11 a.m. ET.

Managing Director and lead Homebuilding Analyst Robert Curran will
be the call leader and provide insights about the full year of 2007
and outlook for 2008, as well as give a sector recap for third-quarter
2007 (3Q'07). A Q&A session will immediately follow the prepared
remarks.

Following are the details of the teleconference:

--Date: Tuesday Jan. 15, 2008

--Time: 11:00 a.m. ET

--Conference ID: 1088989

--U.S/Canada: 877-241-2557

--International: 706-643-7396

--Call Leader: Bob Curran

Replay Information:

--Replay Dates: Jan. 15, 2008, 12:00 p.m. ET - Feb. 15, 2008 at
11:59 p.m. ET

--U.S./Canada: 800-642-1687

--International: 706-645-9291

--Replay ID: 1088989

Tuesday's call coincides with the release of Fitch's 'U.S.
Homebuilding: The Chalk Line - Quarterly Update: Winter 2007/2008',
which is available on the Fitch Ratings web site at
www.fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings
are available on the agency's public site, www.fitchratings.com.
Published ratings, criteria and methodologies are available from this
site, at all times. Fitch's code of conduct, confidentiality,
conflicts of interest, affiliate firewall, compliance and other
relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings
Robert P. Curran, 212-908-0515 (New York)
Media Relations:
Sandro Scenga, 212-908-0278 (New York)

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