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The Latest Breaking News from LGI

LGI Homes Foreclosure Rates 4x Higher Than FHA Average, Hunterbrook Report Alleges

Shares of homebuilder LGI Homes Inc (NASDAQ: LGIH) are trading lower Monday morning after a report by Hunterbrook Media accused the company of luring renters into buying homes they cannot afford through deceptive marketing and aggressive sales tactics.

Suspected postal vote tampering in two Melbourne council elections referred to police

Suspected postal vote tampering in two Melbourne council elections referred to police

Victorian Electoral Commission says high number of multiple returned votes detected in Knox and Whittlesea city councils

The Guardian - AU

Man who felt no pain shocked to discover he had a heart attack and spends month in Leeds hospital

Man who felt no pain shocked to discover he had a heart attack and spends month in Leeds hospital

Andy had a diabetic condition that affects the nerves around his neck and had what is called a silent heart attack

From analysis to the latest developments in health,
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Nurses on picket lines say striking is 'gut-wrenching' but Tories are 'destroying NHS'

The Mirror joined striking nurses who shared their experience during industrial action today. They described their exhaustion and pain at having to strike while patients need them

Leeds mum remembers heartbreaking final moments of son, 15, who took his own life while studying for GCSEs

Since teenage son Daniel Long died, Emma Oliver has been attempting to help kids struggling with their mental health

UK's largest maternity unit to open in Leeds where over 10,000 babies will be delivered every year

Keeping families together while their baby is being welcomed and cared for is a key benefit of the plan by the Leeds Teaching Hospitals NHS Trust

Mum's rage at Leeds A&E 'chaos' as eight-hour hospital wait with poorly daughter looked like scenes in a 'nightclub'

The mum praised hospital staff but was left unimpressed by the way people were behaving

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LGI Homes Clocks ~23% Decline In Home Sales Revenue In Q1

LGI Homes Clocks ~23% Decline In Home Sales Revenue In Q1

LGI Homes Inc (NASDAQ:LGIH) reported a first-quarter FY22 Home sales revenue decline of 22.7% year-on-year to $546.05 million, beating the consensus of $523.98 million. Home Closings decreased by 37.6% to 1,599 homes closed. Average Sales Price increased 23.9% to $341,495. Gross margin expanded by 210 basis points to 29%. Operating margin was 17.5%,…

The lessons I learnt from a 16-mile bus journey across Leeds that took me two hours - including the driver who completely ignored me

The lessons I learnt from a 16-mile bus journey across Leeds that took me two hours - including the driver who completely ignored me

I went to see what it's like using the buses to get across our city and it took me two hours

Why Are LGI Homes Shares Trading Lower Today

Why Are LGI Homes Shares Trading Lower Today

BTIG analyst Carl Reichardt downgraded LGI Homes (NASDAQ:LGIH) to Sell from Neutral with a $98 price target, implying an 11% downside. Carl showed concern about the company’s reliance on single-family rental investors for delivery volume and the impact of higher rates on those customers. The analyst thinks that LGI has a higher demand risk profile…

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