Medicare Part D support cut amid rising retiree costs
The Trump administration announced it will end a temporary Medicare Part D premium stabilization program after the 2026 contract year.
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LPT Realty set to go public after parent files IPO paperwork
LPT Aperture filed confidential IPO paperwork on Form S-1, with no price range or offering size set and timing pending review.
Chris Gallo enters guilty plea in federal mortgage fraud case
Chris Gallo, once one of the nation’s top mortgage loan officers, has pleaded guilty to conspiracy to commit bank fraud in federal court in New Jersey, according to court filings.
Pennymac profit drops in Q2 as rates bite, layoffs follow
Pennymac posted Q2 net income of $22 million, down 84% YoY, as lock volume fell 18% and adjusted ROE slipped to 7%.
Hawks Lorie Logan and Beth Hammack run the Fed for now
Even though the Federal Reserve didn’t hike rates today, the hawks won three key victories with higher nominal and real yields.
Homes.com helps drive CoStar to first profitable residential quarter
For the first time, CoStar’s residential portfolio turned adjusted EBITDA positive, generating $12 million in profit.
Cloze unveils app to capture, organize open house leads
The app replaces paper sign-in sheets with digital check-ins that create contact records, log attendance and collect visitor feedback.
Couples can boost retirement savings with one simple conversation
Research found that just over 40% of couples actively coordinate their 401(k) contributions to maximize employer matching funds.
loanDepot picks Miami for new tech and fulfillment corporate center
loanDepot will open a new corporate center in Miami in September, establishing an East Coast hub that expands its national footprint and centralizes key corporate functions.
Real estate brokers say rising mortgage rates derail early 2026 housing rebound
Mortgage rates rose from 6.23% to 6.94% after Iran conflict escalation, and brokers now expect about 4 million home sales in 2026.