Meta dodges ‘Big Tobacco’ nightmare with $18 billion settlement in child-safety lawsuit

Land Loan, Agentic AI Tools; Deep Dive Into Earnings; Pennymac’s Spector on Servicing Value Here in the hallways at the Western Secondary in L.A., there isn’t a lot of talk about GSE reform, although this short clip from Sam Valverde, ex-acting president of Ginnie Mae, revisits the subject: The GSE reform trigger nobody’s…

U.S. home prices increased 0.27% month over month in July on a seasonally adjusted basis. That growth rate is essentially flat from 0.28% in June. Prices rose 3.4% from a year earlier, the fastest annual growth in a year.  This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method…

The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP +1.09%) offers lower-cost exposure to traditional energy, while the Invesco Solar ETF (TAN -2.06%) provides more volatile, high-conviction access to the renewable energy sector. These two funds represent opposite ends of the energy spectrum. One tracks companies pulling oil and gas from…

Barry Gosin will step down as CEO of Newmark at the end of the year, ending a 48-year run at the helm of the brokerage and commercial real estate services firm.  Photo credit: Unsplash/Benjamin Child Gosin will continue to serve as chairman of Newmark’s operating company, Newmark & Co. Real Estate Inc., and will “focus…