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That's important because builders need capital to buy land and build homes. Even with the improvement in home sales and housing prices over the past year, many small, privately held homebuilders complain that lenders remain hesitant to provide loans for land acquisition. In a regulatory filing TRI Pointe reported $22.3 million in home sales for the nine months ended Sept. 30. That compares with $9.3 million in home sales a year earlier. The company's projects are primarily in California. The company reported a loss of $3.9 million for the nine months. It lost $3.1 million a year earlier. TRI Pointe's stock is trading on the New York Stock Exchange under the "TPH" ticker symbol.
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