MortgageTree Lending, Modesto, Calif., has introduced a program designed to give independent mortgage brokerage companies greater control of the loan process.Under the Premier Broker program, brokers can underwrite loans, draw documents, sign off on loan stipulations, and offer MortgageTree's loan products from one central location, the company said. "Now, in addition to our successful net branching strategy, we're offering the Premier Broker option for highly motivated mortgage professionals who want to continue as independent brokers, yet who want greater control over the lending process as well as the growth and success of their businesses," said Diana Grossmann, executive vice president of MortgageTree. The company can be found online at http://www.mortgagetreelending.com.
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New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
April 3 -
Finance of America has not disclosed any incident, but a consumer filed an immediate lawsuit over a lone report of a ransomware gang's recent hack.
April 3 -
United Wholesale Mortgage lost ground to RKT in one category but held onto a healthy lead in another, an analysis of Home Mortgage Disclosure Act data shows.
April 3 -
HECM endorsements rose 16% in March to 2,117 loans, but monthly volumes remain near their slowest pace since last summer as proprietary reverse products quietly steal market share.
April 2 -
Which parties are responsible for the surge persisted as a source of debate as community lenders released updated survey data reflecting their average expense.
April 2 -
The 30-year fixed rate climbed to 6.46% this week, its highest mark since September, as mortgage applications fell 10.4% and sellers outnumber buyers by a record 46%.
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