The First American Corp., a Santa Ana, Calif.-based provider of economic information, including title insurance and mortgage data, has announced the signing of a $500 million syndicated credit facility.The administrative agent for the credit agreement was JPMorgan Chase Bank, and the syndication agents were Comerica Bank; Union Bank of California NA; US Bank; and Wells Fargo Bank NA. First American can be found on the Web at http://www.firstam.com.
Bank of America upped its forecast for non-qualified mortgage issuance, with investors, particularly insurers, buying these and other non-agency securities.
NAF Insurance customers save $719 on average, Phil Miller, senior vice president of strategic partnerships at New American said.
Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.
The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
Lenders may not be able to fully respond to the broader government-sponsored enterprises' rollout of VantageScore 4.0 yet but there is one thing they can do now.
Sellers are easing demands as rates hit 15-month highs, giving buyers leverage. Originators: target sideline buyers before next week's Fed hike lifts rates further.
