Mortgage brokers

The National Association of Mortgage Brokers has created a new grant program that is designed to expand the mortgage broker channel by helping mortgage professionals open their own wholesale shops.

Industry veteran A.W. Pickel III is heading to AmCap Mortgage to become president of the lender's newly formed Midwestern division.

If the past 40 years has revealed anything about the mortgage industry, it's that change is constant, and inevitable. From the future of Fannie and Freddie to the role technology will play in underwriting, here's a look at 10 bold predictions that will shake up the mortgage industry.

Depositories still dominate home lending, but nondepositories' market share is the highest it has been in at least two decades. Here's why.

It's no secret that subprime lending played a heavy role in the demise of the mortgage broker. But to truly understand how brokers rose to prominence, it is helpful to look back to the channel's beginnings. Here's a look at three data points that sum up the rise and fall of the mortgage broker.

A surge in new and existing home sales is prompting lenders to increase their payrolls.

Donald Trump had heard all the chatter, the idle talk about how the U.S. housing market was overheating and trouble was looming. He was unfazed. It was the spring of 2006 and he was pushing a new mortgage business, Trump Mortgage LLC.

United Wholesale Mortgage has begun offering a conventional 1% down payment program to mortgage brokers.

Carrington Mortgage Services has added conventional loans to the portfolio of products offered by its wholesale lending division.

Brokers remain perplexed over how to strike a balance between helping borrowers shop for the best deal and maintaining compliance with the TILA-RESPA integrated disclosures. Specifically, how do brokers and wholesalers meet TRID's delivery deadline and accuracy requirements when a loan is resubmitted to a new lender?