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:
Also, South River Mortgage appointed Tyler Plack as its next CEO, while First American Home Warranty welcomed Jason Gritters as its chief revenue officer.
A continuing resolution to fund the government through mid-December would prevent the White House from blocking grants — including some in the banking sector — to states and municipalities that voted against President Donald Trump.
Bank of America Securities research shows this sector has had its best year since at least 2017, but some trends in the market point to a need for caution.
Besides the opportunities in build-to-rent housing for mortgage originators, credit profile of single-family rental loans should improve, Morningstar DBRS said.
The homebuilding giant reported two separate cyber incidents this year, with the most recent breach of its mortgage unit affecting more than 348,000 individuals.
The move threatens IMBs and outside loan originators who rely on real estate agents for referrals, as the company aims to keep borrowers within its platform.