Suspicious package closes road in Savannah, police report
SAVANNAH, Ga. (WTOC) - A suspicious package temporarily closed a road in Savannah Monday afternoon. Police said E. Broughton St. between Houston St. and E. Broad St. is closed due to a suspicious package. Law enforcement is asking drivers to seek an alternate route. Savannah College of Art and Desig
FOA leads July HECM endorsements while HMBS issuance remains weak
Home Equity Conversion Mortgage (HECM) endorsements declined in July after an uptick in June, while HECM Mortgage-Backed Securities (HMBS) issuance remained near the lowest levels seen since 2009, according to data released Monday by New View Advisors. The top 15 originators endorsed 2,034 HECM loan
Why Builders FirstSource bought ICG; and why Pulte sold it
Builders FirstSource’s acquisition of Innovative Construction Group (ICG) from PulteGroup signals that, while homebuilders see value in off-site construction, many prefer to rely on third-party manufacturers rather than own those operations themselves, especially during down cycles. Builders FirstSo
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