While many homebuilders battle a gross margin slippery slope from the 20s into the mid-teens, Green Brick Partners is fairly striding against the tide. During the company’s Q2 earnings call on Thursday, executives said its gross profit margin expanded to 29.8% in Q2, down 150 basis points from a year ago but up 900 basis […]
Green Brick seizes a margin edge as a land and product outlier Read More »
Federal banking regulators released a Community Reinvestment Act (CRA) proposal Friday that narrows how banks earn credit for community development while raising asset thresholds for small and midsized institutions. The plan drew immediate criticism from consumer and housing advocates. The Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC)
Regulators move to narrow CRA, drawing fire from advocates Read More »
Although a date has been set for a final approval hearing, the real estate brokerages and associations that settled the homebuyer commission lawsuits through the Tuccori suit’s opt-in settlement may still face some challenges. The latest of these challenges is that earlier this week by four retired federal judges Diane Wood, David Coar, G. Patrick
Retired judges challenge Tuccori opt-in commission suit settlements Read More »