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.
Tag: ReverseVision
Industry Briefs Feb. 18, 2022: Constellation Mortgage Solutions Acquires ReverseVision
Constellation Mortgage Solutions Inc., Southfield, Mich., acquired ReverseVision Inc., San Diego, a provider of Home Equity Conversion Mortgage and private reverse mortgage sales origination software.
Industry Briefs Jan. 18, 2022: First American Acquires Mother Lode Holding Co.
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.
Industry Briefs Apr. 27, 2021
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.
Industry Briefs Jan. 15, 2021
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.
Industry Briefs Dec. 3, 2020
ReverseVision, San Diego, updated all documents that reference an index to support both the Constant Maturity Treasury (CMT) and London Interbank Offer Rate (LIBOR) indexes.
Industry Briefs Nov. 25, 2020
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.
Industry Briefs
NewDay USA, Fulton, Md., said veterans and servicemembers can now sign mortgage closing documents without having a notary signing agent enter their home.
Joe Langner: HECMs Shield Seniors from Investment Sequence Risk in Turbulent Times
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.
Joe Langner: HECMs Shield Seniors from Investment Sequence Risk in Turbulent Times
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.