SitusAMC, New York, launched its Warehouse Administration Services, a suite of technology-enabled turnkey services to help warehouse lenders setup, execute, enhance and scale their warehouse businesses while improving efficiency and reducing costs.
First American Financial Corp., Santa Ana, Calif., signed an agreement for its acquisition of Mother Lode Holding Co., a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 17 operating subsidiaries throughout the U.S., including its principal subsidiary Placer Title Co.
Fannie Mae, Washington, D.C., said full-year 2021 real GDP growth expectations improved to 6.8 percent, including 9.1 percent annualized growth in the second quarter, due primarily to the continued easing of virus-related social restrictions and stimulus-driven consumer spending.
The Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will extend several loan origination flexibilities until February 28. The changes are to ensure continued support for borrowers during the COVID-19 national emergency. The flexibilities were set to expire on January 31.
The Federal Housing Finance Agency released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2020.
eniors are being especially hard hit by the health and economic impacts of the COVID-19 pandemic. Compounding worries of being among the population’s most vulnerable to the disease is the prospect of premature retirement portfolio depletion due to sequence of returns risk (sequence risk) in a volatile market.
Seniors are being especially hard hit by the health and economic impacts of the COVID-19 pandemic. However, homeowners are not entirely at the mercy of a fickle financial market. There are tools available to help retirees limit their sequence risk. One of the more effective being the Home Equity Conversion Mortgage.