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US Mortgage hit with class-action suit over May 2025 data breach

A former US Mortgage Corp. employee has filed a class-action complaint against the company following a data breach that occurred in May 2025, claiming that the incident could have been avoided if not for the company’s negligence. Richard Bernich, who brought the suit individually and on behalf of a proposed class of all individuals in […]

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NAHREP panel tackles supply, state of Hispanic homeownership

The National Association of Hispanic Real Estate Professionals (NAHREP) released its annual State of Hispanic Homeownership Report, revealing that Hispanic households added a net gain of 441,000 owner-households in 2025, the largest single-year increase since the U.S. Census Bureau began collecting the data in 1975. Without those gains, the total number of U.S. homeowners would

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KB Home pivots to its build-to-order strengths, but not without risk

KB Home’s fiscal Q1 2026 results showed weaker revenue and margin performance alongside a strategic shift that management asserts will improve predictability and profitability later this year. Quarterly revenue was $1.08 billion, down nearly 23% year over year. The average selling price fell 3% sequentially and nearly 10% from a year ago. Gross margin fell

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