The sovereign debt crisis in the euro zone and the lingering uncertainty over the repercussions of the debate on reducing the Federal deficit in the United States have the potential to impact the global debt origination market that account for approximately 43% of the revenues of the equity underwriting and debt origination segment of Goldman Sachs.
At least one lender, Wells Fargo, is giving borrowers a break on origination and monthly servicing fees for adjustable-rate reverse mortgages, which allow homeowners to tap their home equity as they need it.