In the house!

Sales of previously owned US homes jumped in July 6.5 percent, the second-highest level in more than six years.

Indian suit

Benjamin Lawsky, the head of New York state’s financial regulatory agency, is being sued in Manhattan federal court by a group of American Indian tribes over his crackdown on businesses that do lending over the Internet, some of which are tribe-owned.

Never mind

Assured Guaranty agreed to end a lawsuit accusing JPMorgan Chase’s EMC Mortgage and Bear Stearns units of making misrepresentations to market mortgage- backed securities.

Get Pack-ing

Hewlett-Packard COO Bill Veghte is replacing Dave Donatelli as head of HP’s enterprise group, and Henry Gomez, chief of communications, will be promoted to chief marketing officer, replacing Marty Homlish, people with knowledge of the matter said.

Median strip

Inflation-adjusted median household income has fallen 4.4 percent, to $52,098, since June 2009, said a report by Sentier Research.