UWM posted a net loss of $452mn in the second quarter
UWM this week filed a lawsuit against Two Harbors in US federal court, seeking $500mn in damages over an alleged breach of the merger contract.
More from The Galveston
View all news →
safety
One dead after shooting in Galveston
Police confirmed the victim died and that no other injuries were reported. No suspect was in custody as of Tuesday night, police said.
Local
Agencies in Galveston County seized $2.2M as millions more await forfeiture
Proponents view asset forfeiture as a tool for disrupting criminal activity, while critics argue it creates financial incentives for law enforcement and leaves property owners with limited ability to challenge seizures....
government
Windstorm association approves $44 million loan for 2024 storm losses
Directors voted unanimously in favor of a short-term loan from JPMorgan Chase Bank, which officials expect to repay within days. Chief Financial Officer Stuart Harbour said the borrowing isn't related to a funding shortage or the association's ability to pay…...