Author name: Ricky Vasquez

KB Home names Casey Dare president of Tampa division

KB Home has promoted Casey Dare to president of its Tampa division, where he will oversee homebuilding operations across the region, the company announced. In his new role, Dare will be responsible for land acquisition, sales, construction and customer service for the publicly traded homebuilder’s Tampa business. KB Home has been building in the Tampa […]

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Mortgage Rates Jump to 3-Week Highs After Jackson Hole Speech

Jackson Hole is a place in Wyoming, but it’s also shorthand for an annual event where various central bankers get together and talk about monetary policy. The Fed Chair almost always delivers a speech and that speech occasionally causes volatility in the bond market. This year was a classic example. Fed Chair Warsh’s speech focused

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Lennar lawsuits point to rising cyber liabilities for lenders

Homebuilding giant Lennar Corp. and its affiliated mortgage subsidiary are seeing the number of potential class action lawsuits surge after revelations this month of two separate data breaches with over 350,000 potential victims. Processing Content The rising volume of legal complaints is the latest example of the financial and reputational risk mortgage companies might incur

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