JPMorgan Chase plans to deploy more than $750 billion for housing through 2035, including financing for 1 million affordable units and help for 500,000 buyers to purchase homes. The commitment, part of the bank’s American Dream Initiative, represents a nearly 40% increase in housing-related capital compared to the prior decade, the bank said Monday. It […]

PulteGroup will expand its footprint in the Sunshine State with a new Florida Panhandle division, positioning one of the nation’s largest homebuilders to capture more demand in a growth corridor. The Atlanta-based builder announced the news on Monday, saying the new division will support its entry into Northwest Florida as the company continues to see

Florida homebuyers have filed a class-action lawsuit accusing LGI Homes, loanDepot and their joint venture, LGI Mortgage Solutions LLC, of running an “improper home-sales scheme.” The complaint, filed in federal court on July 29, alleges the companies rely on misleading monthly payment advertisements and high-pressure tactics to steer renters into mortgages they cannot afford. The