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PrimeLending narrowed recent losses from earlier this year, although current economic pressures have company leaders tempering near-term prospects for a boost in mortgage originations.  Processing Content Hilltop Holdings, the Dallas-based banking parent of PrimeLending, reported a second-quarter pre-tax loss of $2.02 million across its mortgage business. On an equivalent year-over-year basis, bottom-line numbers deteriorated noticeably […]

New-home sales in the US climbed in June for the first time in three months as heavy builder discounting helped offset high mortgage rates and subdued consumer sentiment. Processing Content Purchases of new single-family homes increased 1.6% last month to an annualized rate of 628,000, data released Friday by the federal government showed. Economists surveyed

New York City is not dead. Dead cities do not command global capital, fill Broadway theaters or charge $28 for a cocktail with three ingredients and a story. But the version of New York that anchored American economic gravity for much of the last century is weakening. What is changing is not the city’s brand.