Paul Financial, the nation's 40th-largest residential wholesaler, says it has "temporarily" stopped taking new submissions from loan brokers.According to a posting on its website, "All loans that are currently in process will be evaluated based on current underwriting guidelines, and completed as appropriate." According to exclusive survey figures compiled by the Quarterly Data Report, Paul Financial of San Rafael, Calif., funded $391 million in the second quarter, most of it through the wholesale channel. Among all lenders, it ranked 71st, according to the QDR. Paul Financial was launched in 2003 by industry veteran Peter Paul.
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