from adair:, that is down 8%. -- from a year ago that is down 8%. alix: thanks.rth watching this morning with emma chandra and sonali basak and brooke sutherland. you're looking at lennar. emma: it seems lower mortgage rates breathing new life into the housing market and of course that helps the homebuilders. lennar the biggest u.s. homebuilder rising in the premarket. increase in 9% orders during the third quarter. that far exceeded estimates with the bump of 3.5%. if you look at 30 year mortgage rates in the u.s., they are more than 1% lower than they were a year ago. analyst saying that is driving demand along with low unemployment, higher wages and also lower inventory in the sector. also what is interesting is it is pumping orders, allowing lennar to pull back on its promotions and incentives. that is helping growth margins more than 1% higher of the third quarter of 2018. alix: thank you so much. sonali, you're taking a look at shutterfly. what is the latest? sonali: the banks have struggled for months to offload some of this debt. it is assigned investors