KB Home’s CEO says scale matters most at the local level
About a year ago, an AI-generated image posted to social media by President Donald Trump caused a stir among mortgage market participants. The image showed Trump standing behind the New York Stock Exchange’s famous bell, with text suggesting the president was considering merging government-sponsored enterprises Fannie Mae and Freddie Mac into a publicly traded company…
The transaction is expected to complete by the end of 2026, subject to regulatory approvals. Credit: Piotr Swat/ Shutterstock.com. Goldman Sachs Group has agreed to acquire LCN Capital Partners, a real estate investment manager, in a deal worth up to $410m. LCN is active in sale-leaseback, build-to-suit and triple net lease transactions. It was established…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 25, 2026 Federal Reserve Board announces termination of enforcement action with Jiko Group, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced…
This depicts the satellite-filled sky that is now a reality and getting more crowded every week. (Photo by: Alan Dyer/VWPics/Universal Images Group via Getty Images) Vw Pics | Universal Images Group | Getty Images Thousands of satellites are circling the Earth, and when they die, they don’t just disappear. Neither do the rockets that put…
When it comes to passing down wealth through an inherited individual retirement account, estate planners have long sought to extend an account’s distributions over the longest period possible, up to and including a beneficiary’s lifetime, a result commonly referred to as a “stretch IRA.” As the beneficiary continues to enjoy tax-deferred growth throughout the distribution…
New Federal Reserve Chairman Kevin Warsh did not tip his hand Friday about whether an interest rate hike is on the horizon but did voice concerns about a continued trend of higher inflation. “I stand here today committed to a discipline, not to a decision,” Warsh said in prepared remarks at the central bank’s annual…