Big Builders Split from NAHB

According to Roll Call:

After a bitter fight with the National Association of Home Builders, a breakaway group of 16 of the industry’s largest builders has decided to form its own trade association. The new entity, called Leading Builders of America, is still in the early stages of formation.

Update: This rift had been building for some time according to the Housing Chronicles blog. It last came to a head back in March 2009 when large builders threatened to split from NAHB which they felt was not lobbying in their best interests especially with respect to tax treatment of net operating losses. This drama, which temporarily abated, was documented by the HousingCrisis.com website in a series of posts in March:
• When the Dust-up Settles
• Won't You Please Come to Chicago?
• Big Home Builders vs. NAHB Brush-up Update
• Home Builder Trade Group Goes Public, or Rather, Goes at Its Public Members