New housing starts fell 3% in November from the previous month as Superstorm Sandy kept builders from breaking ground in the Northeast, the Commerce Department reported Wednesday. But the number of building permits issued, a sign of future activity, rose 3.6% last month compared with October.
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Theresa Niemiec, wife of Quicken Loans Executive Vice President Austin Niemiec, has filed a defamation lawsuit against Anthony Casa, CEO of the Association of Independent Mortgage Experts, for comments he made about her in a video message that he filmed and sent to her husband and others in the mortgage industry.
Wells Fargo, JPMorgan Chase and Citigroup reported their second-quarter earnings on Tuesday, revealing how the banks fared as COVID-19 shut down businesses across the country.