Why Carlisle Companies targets Owens Corning for an M&A combo
As homebuilders grapple with questions of scale, access to capital and long-term competitiveness, many of their largest suppliers appear to be navigating similar strategic pressures. Carlisle Companies‘ unsolicited pursuit of Owens Corning, reported Monday by the Wall Street Journal, suggests that t
Trump calls 21st Century ROAD to Housing Act ‘a yawn’
President Donald Trump on Monday characterized the 21st Century ROAD to Housing Act as “a yawn,” following an abrupt cancellation of a signing ceremony for the legislation last week. The comments came as Trump reinforced prioritization of the Safeguard American Voter Eligibility (SAVE) Act as his to
Why Fed President Beth Hammack wants more rate hikes
As we approach Jobs Thursday, certain Federal Reserve members have still not changed their tune about rate hikes, even with oil prices back down to $70 today. Why haven’t mortgage rates dropped along with oil prices? Because Fed policy has shifted, and some Fed members want more rate hikes. Today, I
MRED seeks arbitration in Zillow antitrust lawsuit
With less than 48 hours to go before the start of a two-day hearing regarding Zillow’s preliminary injunction motion in its antitrust lawsuit against Midwest Real Estate Data (MRED) and Compass International Holdings, the Chicagoland MLS is seeking to compel arbitration with the listing portal giant
