For decades, manufactured housing has excelled at producing lower-cost homes. What it has struggled to do is go vertical. Fact is, America’s most severe housing shortages are no longer in places where inexpensive land is abundant. They’re in high-cost metropolitan markets where making housing pencil

The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.

At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.