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HELOC, Broker, and Correspondent Programs; First American's Cyber Issue; 10-Year Yield Bouncing Back?

“If you know someone who has an intense fear of store Santas, would you say they were suffering from Claus-trophobia?” For individuals or companies, do you have a fear of being hacked? Under the heading of “It’s not if, but when…” First American “has experienced a cybersecurity incident. In response, we’ve taken certain systems offline [like the main website above] and working to return to normal business operations as soon as possible.” First American owns First American Title and also owns ACI, one of the largest appraisal software providers. This outage stopped appraisers using ACI from having the ability to upload appraisal reports to FLS. Some lenders acted quickly. Fairway Independent, for example, stated that if a Fairway borrower’s closing was negatively impacted, corporate would cover any hotel, meal, or storage expenses incurred by their clients. (Today’s podcast can be found here, and this week ....

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USD/JPY Forecast: Under mild-pressure, no clear directional strength

1/26/2021 7:45:49 PM GMT
USD/JPY Current price: 103.67
US Treasury yields posted a modest intraday advance, limiting USD/JPY slide.
The BOJ’s Minutes showed policymakers would remain vigilant to market moves.
USD/JPY maintains its neutral stance with the risk skewing to the downside.
The USD/JPY pair eased on a better market mood, which weighed on the greenback. The USD/JPY pair trades in the 103.60 price zone, not far from a daily low of 103.55. US Treasury yields posted a modest intraday advance after Janet Yellen was confirmed as US Treasury Secretary, but lacked follow-through.
The Bank of Japan released the minutes of its latest monetary policy meeting, which showed that policymakers remain open to increase facilities, should the pandemic developments require so. A few members said that they must be vigilant to market moves including FX, amid the dollar weakening vs the yen. The country published the December Corporate Service Price Index, which cam ....

Janet Yellen , Corporate Service Price Index , December Corporate Service Price Index , December Retail Trade , Large Retailer Sales , November Leading Economic Index , பெருநிறுவன சேவை ப்ரைஸ் குறியீட்டு , டிசம்பர் பெருநிறுவன சேவை ப்ரைஸ் குறியீட்டு , டிசம்பர் சில்லறை வர்த்தகம் , பெரியது சில்லறை விற்பனையாளர் விற்பனை , நவம்பர் முன்னணி பொருளாதார குறியீட்டு ,