Federal judge blocks DOJ subpoenas targeting Federal Reserve Chair Powell
A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation, concluding the effort appeared designed to “harass and pressure” him to lower in
Contrarian Smith Douglas leans into its system, goes for market share
Uncertainty, margin compression and the gut-check math of affordability are the givens of a new-home market impatiently waiting for relief on at least one of those three fronts. Most public homebuilders – facing this indefinite limbo – are doing the same thing: slowing down. Production starts are t
Is Opendoor playing the builder rate buydown game?
iBuyer Opendoor’s recently launched mortgage product — which promises below-market interest rates after the company removed its markup — has sparked debate across the industry about who absorbs the cost and whether the model is sustainable. Some industry professionals view the offering as similar to
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