Independent mortgage bankers, once written off as an endangered species, are making a comeback in the third-party origination businesses abandoned by banks since the financial crisis.

United Wholesale Mortgage, for example, has become the largest lender funding loans through brokers, with over $2 billion of originations in this channel and a nearly 9% market share in the third quarter, according to MortgageStats.com. In the first quarter of 2007, the No. 1 wholesale lender was a more familiar name: Wells Fargo, which had volume of over $59 billion and a 34% market share then.

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