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The nation's biggest real estate franchisor also shed almost $300 million from its over $2.5 billion in company debt.

Saba Capital Management's Boaz Weinstein and his group of billionaire backers again raised their bid for Sculptor Capital Management Inc. 

The market for new homes has broadly held firm in the face of decades-high mortgage rates and elevated housing prices.

Loretta L. Worters is vice president of media relations at the Insurance Information Institute. She works with the National Coalition Against Domestic Violence on the importance of financial planning that helps survivors prepare for a better life. She has also served on the Allstate Foundation board along with the National Network to End Domestic Violence Fund and currently serves on the IICF Northeast Division board.

Until now, National MI and Essent did not have direct ties with the legacy platform, although they are already on the newer enterprise loan origination system.

The recent jump is the biggest increase since the run up in the early 1980s, when Paul Volcker's efforts to slay inflation pushed the 10-year yield to nearly 16%.

The company's builder and mortgage banking segments both ended up in the black, as sales for new constructions outperform the existing-home market.

Mortgage borrowers alleged in U.S. District Court that the servicer applied funds in the wrong order and charged unnecessary interest.

After years of discussion among regulators, the Federal Reserve Board has approved changes to its CRA rules that will base compliance exams on where lending occurs rather than branch locations. The updates — set to take effect in January 2026 — also emphasize lending in lower-income areas as well as community development loans and investments.

Christopher Zellman, CPA. is a principal in the CFO Advisory Services Department of Prager Metis CPAs. He has more than 30 years of experience in the accounting profession.