A New York state judge has trimmed a suit accusing Deutsche Bank AG (DB) and several of its units of misrepresenting the risks of more than $150 million in residential mortgage-backed securities, ruling that the plaintiffs couldn’t prove the bank owed any duty sufficient to support a negligent misrepresentation claim.
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Sales of new homes probably will rise to a 13-year high in 2020 as the U.S. dodges a recession, according to Lawrence Yun, chief economist of the National Association of Realtors.
For the first time since 1850, the average size of the U.S. household is on the rise, RealPage says. And it’s not just the kids or Millennials, either. Households are becoming multi-generational.