Think of it as a couple of guys talking every day about the mortgage or real estate markets. Think Big, Work Small is a daily video we run on our website nationalmortgagenews.com. The guys, Frank Garay and Brian Stevens, are funny, a little smartass, but quite knowledgeable about the business. The latest installment in their video odyssey is called “Getting Ahead of the Changes.” Here’s a link to the latest video:
MBA, UWM, Nexa and PennyMac offer mortgage loan originator training programs for aspiring and licensed LOs, covering NMLS exam prep, wholesale lending and loan origination skills.
Approximately 54% of homeowners looked to a second lien product to access their home's stored value in the first quarter due to the "lock-in effect."
Better and Coinbase plan to make the product available to qualified borrowers nationwide by this summer. Interested customers can currently apply to a waitlist.
Home sales rose 3.8% in May to 308,446, driven by a 2.8% jump in existing-home sales, which also reached their highest level since October 2022.
A notable cyber threat actor alleged it was behind a ransomware attack that impacted nearly 138,000 individuals, a claim refuted by the lender.
Brian Moynihan spoke of the challenges of developing and maintaining Erica, the bank's main internal AI model, with precision.
