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Builder confidence tanks as uncertainty over tariffs mounts

As uncertainty over tariffs mounted in February, homebuilder confidence sank. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell five points month over month in February to a reading of 42.  Economists also attribute concerns over elevated mortgage rates and continued high housing costs to dampening builders’ moods.  “With 32% of…

Independence Home Loans hires Gil Arbitsman as CFO

Independence Home Loans (IHL) tapped Gil Arbitsman for the role of chief financial officer where he will oversee IHL’s financial and long-term growth strategy. His leadership will play a key role in optimizing financial performance and enhancing the company’s operational efficiencies Arbitsman, who has more than 20 years of experience in the financial services sector,…