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Nonbank brokers and lenders typically scale back after the spring homebuying season and the housing market could be particularly slow for the rest of this year.
August 4 -
The May uptick in nonbank housing-finance payrolls came almost entirely from lender hiring as loan broker numbers plateaued and construction demand persisted.
July 7 -
The GOP has launched multiple proposals with this aim and a trade group is specifically backing an expansive one from Rep. Warren Davidson, R.-Ohio.
June 7 -
Those thinking about entering this space should consider whether they can build a sustainable operation in scale, niche or relationship lending, a report by Stratmor Group argues.
May 31 -
The President of the National Association of Mortgage Brokers, Ernest Jones Jr., explains how consolidation in wholesale has impacted those he represents.
May 16 -
But the deal propels the four-year old buyer of its wholesale origination operation, The Loan Store, into the national spotlight.
April 10 -
The company wound down its wholesale production channel and is surrendering its Fannie Mae and Freddie Mac seller/servicer status.
March 9 -
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The increases set to go into effect in February help some offset breaks for first-time buyers but also limit options for existing borrowers.
November 28 -
The wholesale channel tool will speed up mortgage processing time by as much as 40%, the lender claims.
October 6