Taylor Morrison names Mike Carlo Sarasota division president

Taylor Morrison, the sixth-largest builder in the HousingWire Homebuilder Rankings, has appointed Mike Carlo as president of its Sarasota division. Carlo brings more than 25 years of homebuilding experience to the role. “Mike is a proven leader with an impressive track record of operational excelle
Read MoreWhat to look for in Kevin Warsh’s first Fed meeting

Today, as I write this article, oil prices are at $75.80, which is a big deal because tomorrow the Federal Reserve will announce its monetary policy under new Fed Chair Kevin Warsh. For many months, Federal Reserve hawks have said that the Iran conflict was a major reason they’ve been more hawkish,
Read MoreBuilders slow starts in May to rebalance pricing and incentives

The real story in today’s Monthly New Residential Construction release from the Census Bureau isn’t a collapse in construction. It’s a production strategy that took shape months ago. Headlines – and their sibling, “headline risk” –don’t enjoy a particularly good reputation among most homebuilding bu
Read MoreFHFA pushes for direct power to sue for mortgage fraud

The Federal Housing Finance Agency (FHFA) and Director Bill Pulte are asking Congress for the power to bring civil lawsuits against individuals suspected of mortgage fraud. In its newest Annual Report to Congress, released Monday, the FHFA recommended new authority to directly sue for mortgage marke
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