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Tight margins, regulatory clarity and a renewed appetite to expand have made mortgage brokers and the wholesale channel attractive again, at least to the small and medium mortgage lenders.
March 8 -
The deadline to participate in the Top Producers Survey is Wed. Feb. 28 at 6 p.m. EST. The 20th annual loan officer ranking has a number of new features to highlight the accomplishments of the industry's top performers.
February 21 -
A December hiring spike at nondepository mortgage originators ended a three-month skid and solidified the fourth straight year of job gains in the sector. But with loan volume projected to decline again in 2018, it remains to be seen whether nonbanks will add more workers or start making cuts.
February 2 -
The 2018 Top Producers Survey is now open for submissions. This year's program features a number of new and exciting features designed to provide insights into key industry trends and feature the accomplishments and successes of individual loan officers.
January 26 -
PennyMac Financial Services Inc. is setting up its new mortgage broker channel to target home-buyer and higher-balance loan segments, and eventually become one of the dominant players in the space.
January 12 -
Refinance volume fueled recent market gains by nonbank mortgage originators. But lower volume amid the shift to purchase lending has nonbanks trimming headcounts and may position banks to recapture market share.
January 5 -
Bernard Polselli has sold more than a few houses during his life, and when it came time to list his place in Palm Beach Gardens, Fla., he decided not to use a traditional agent.
January 3 -
Consumer credit bureau and data aggregator Experian will gain a foothold in the U.K. mortgage market by acquiring a minority stake in mortgage brokerage London & Country Mortgages Limited.
December 11 -
Nonbank mortgage employment fell for the second consecutive month, according to the Bureau of Labor Statistics.
December 8 -
When a $40 million round of venture funding fell through at the last minute, digital mortgage broker Sindeo all but shut down this summer. Now recapitalized and rejuvenated, founder and CEO Nick Stamos explains why Sindeo is ready to grow again.
November 21 -
Nonbank mortgage employment took its biggest drop since January following the recent hurricanes, according to the Bureau of Labor Statistics.
November 3 -
A joint venture between loanDepot and OfferPad will broker loans for consumers who need financing to bridge gaps between the sale of one property and the purchase of another.
November 2 -
From recruitment strategies to leveraging technology without losing the personal touch, here's a look at four challenges and opportunities for the resurgent mortgage broker channel.
October 12 -
Quicken Loans Mortgage Services and Calyx Software developed a version of the Point loan origination system that's preconfigured with tools for small mortgage firms to work with the Detroit lender's TPO division.
October 11 -
Nondepository mortgage bankers and brokers increased their headcounts in August, but hurricane recovery efforts and other macro factors may stymie additional growth.
October 6 -
An organization that plays a role in the racial integration of Tennessee's neighborhoods and schools has — after nearly 100 years — installed its first black president.
September 19 -
Nondepository mortgage bankers and brokers employment dipped slightly in July, ending a four-month run of hiring pickups.
September 1 -
The nonbank mortgage sector had its largest one-month employment gain in a year, as independent mortgage bankers and brokers enjoyed stronger-than-expected originations during the second quarter.
August 4 -
Tech-savvy mortgage broker Sindeo is back in business, following an acquisition by Renren, a Chinese social media company and an investor in U.S.-based fintech firms including Social Finance and LendingHome.
July 13 -
Just over 1,000 California Association of Realtors members may have been affected by a breach of the online store they use to buy everything from blank home sales contracts and disclosure forms to books, software, magnets, lapel pins and coffee mugs.
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