KB Home (KBH) Declares $.025 Quarterly Dividend; 0.4% Yield
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Key lobby drops demand for U.S. mortgage interest tax deduction
October 3, 2017 5:30 PM EDTBy Ginger Gibson
WASHINGTON (Reuters) - The trade group representing U.S. homebuilders has abandoned its demand that a new version of the tax code include a mortgage interest deduction, signaling on Tuesday that it would consider alternatives to boost home ownership.
The National Association of Home Builders had raised concerns about the Republican plan to overhaul the tax code because it would have effectively done away with the mortgage interest deduction for millions of taxpayers. That tax deduction is viewed as a critical incentive to encourage home... More
UPDATE: Homebuilding on Watch with Lennar Corp. (LEN) Call Ongoing
October 3, 2017 11:21 AM EDT(Updated - October 3, 2017 11:22 AM EDT)
Homebuilding were in focus Tuesday morning during Lennar Corp.'s (NYSE: LEN) Q3 conference call.
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