UBS (NYSE: UBS) has agreed to a $300 million settlement with the Department of Justice that will settle the legacy Credit Suisse case regarding the improper sales of residential mortgage-backed securities (RMBS) prior to the 2008 financial crisis. The...
The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July 28-Aug. 1. Miss: If You Can’t Say Something Nice. For the past several weeks, President...
The chief executive of Fair Isaac (NYSE: FICO) has a bone to pick with Bill Pulte after the Federal Housing Finance Agency director claimed the company unfairly hiked its prices and was operating like a monopoly. In an interview with CNBC, FICO CEO Will Lansing...
Lennar Corp. (NYSE: LEN) is now selling homes at its new master-planned community, New Port Corners in New Port Richey, Florida. The new community features 22 floorplans across single- and multifamily homes, and the development includes a 55+ active adult...
California Gov. Gavin Newsom issued an executive order designed to limit the construction of high-density housing in the Los Angeles County areas impacted by the recent wildfires. The order dilutes Senate Bill 9 (SB 9), which was signed into law four years ago to...
Two days after the Federal Reserve opted to hold rates again, President Trump has renewed his attacks on Chairman Jerome Powell – and this time, he is calling for a leadership revolt within the central bank’s leadership team. In a posting on Truth Social, the...
Hits and Misses for the Real Estate Week of June 29-July 3
