Lennar valuation near tangible book puts margins in spotlight
The stock trades at about 1.05x tangible book after a 16% decline, with ROE most sensitive to margin shifts
IMBs need to watch HELOC securitization costs as banks enter
More depositories are getting involved in the securitized market and the competition is likely to add to expense management challenges of smaller balance loans.
Amblebrook and Shea’s Trilogy are rewriting their 55+ value pitch
Showcasing daily life programming and social engagement can help convert hesitant active adult prospects to buying now

Pamela Heman
Phone:+1(816) 810-5001




