Industry & Services >> Analyst Interviews >> February 26, 2001

Outlook For Home Builders: Stephen Percoco – Lark Research Inc

STEPHEN P. PERCOCO founded Lark Research in 1991. He is the publisher of Net Realizable Value, a newsletter that primarily tracks the residential real estate sector for institutional investors, and Income Builder, a newsletter that follows the financial markets for individual investors. Prior to 1991, Mr. Percoco was a high yield analyst at Salomon Brothers and a credit analyst at Bank of Boston. He is a Chartered Financial Analyst and member of the New York Society of Security Analysts, where he currently serves as Vice Chair of its Committee for Improved Corporate Reporting. Mr. Percoco is a graduate of Bowdoin College and Harvard Business School. Profile
TWST: Stephen, what effect have lower interest rates, and particularly

the most recent interest rate cuts, had on applications for new

mortgages and refinancings?

Mr. Percoco: New mortgage