Big banks are urging the Trump administration to simplify regulations on loan origination, servicing, and securitization. They hope these reforms could lower mortgage costs and boost lending activity.
Homebuilder PulteGroup (PHM) warned on its post-earnings conference call that rising tariff costs will put pressure on home prices, affecting every price point in their markets.
The resale housing market stalled in March during a critical selling season as high mortgage rates sidelined buyers, deepening affordability challenges.
While much of corporate America pulls or cuts guidance this earnings season, Royal Caribbean Cruises surprised investors by raising its profit forecast.
Kohl’s board of directors has ousted CEO Ashley Buchanan for cause, citing violations of company policies related to undisclosed conflicts of interest in vendor relationships.