Freedom Title Corp., Chicago, has announced that 1031 exchange services will now be offered to its agents through an alliance with Nationwide Exchange Services.Freedom Title said NES is a "qualified intermediary" that provides a full range of 1031 tax-deferred exchange services. Section 1031 of the IRS Code allows owners to exchange property held for investment or business purposes for "like-kind" property, with no federal tax liability, if they meet certain deadlines. The companies can be found online at http://www.freedomtitle.com and http://www.nationwide1031.com.
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The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
3h ago -
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
5h ago -
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
8h ago -
The current transaction has the largest collateral pool that the platform has issued all year, with 294 loans, and it has the highest percentage of conforming loans, at 45.1%.
September 10 -
The USA Patriot Act passed on an overwhelming bipartisan basis in the wake of the 9/11 attacks, overhauling banks' involvement in anti-money-laundering efforts.
September 10 -
Rocket jumps first to raise 2027 conforming loan limits to $845,000, with Rate and CrossCountry matching; UWM's move still pending marking an early signal of IMB competitive positioning.
September 10










