Trump spares homebuilders on Canadian and Mexican imports, but China’s tariff hits hard

President Donald Trump ended months of suspense on Wednesday by announcing his long-awaited new tariff regime, and the result is mixed for homebuilders.The good news is Trump didn’t place any new tariffs on goods from Canada or Mexico. He’s also allowing the one-month pause on tariffs for some goods

Judge rules in favor of Ginnie Mae in lawsuit brought by Texas Capital Bank

A lawsuit over rights to reverse mortgage-backed collateral stemming from the collapse of a major industry lender has been brought to an end with a summary judgment, but the plaintiffs in the case have vowed to appeal the decision.The suit was filed by Texas Capital Bank (TCB) against Ginnie Mae in

FOA enlists new marketing agency in renewed push

Top-five reverse mortgage lender Finance of America (FOA) has enlisted creative advertising agency David&Goliath (D&G) to serve as its new creative agency of record (AOR), following a competitive process including several other candidate agencies.The company — which formally announced the arrangemen