Despite recent financial troubles and rating downgrades, Oakwood Homes will trudge forward, currently preparing a $300 million fourth-quarter deal to hit the market this month, said Doug Muir, senior vice president and treasurer at Oakwood.

Following the renewal of two credit lines - a $325 million warehouse-lending facility and a $125 million revolving-credit facility - Oakwood feels confident going forward, Muir added.

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