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United Wholesale Mortgage has begun offering a conventional 1% down payment program to mortgage brokers.
July 13 -
LoanScoreCard has rolled out a new nonagency pricing and decisioning technology for the wholesale and correspondent channels.
July 13 -
Walter Investment Management Corp. subsidiary Ditech Financial has relaunched a wholesale lending channel.
July 12 -
Carrington Mortgage Services has added conventional loans to the portfolio of products offered by its wholesale lending division.
June 22 -
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?
June 21
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ICBA Mortgage has expanded its relationship with DH Corp. to offer Independent Community Bankers of America members access to the MortgageBot loan origination system.
June 10 -
TRID wasn't as hard on the wholesale channel as was once feared, but some parties involved in the process still either do not fully understand the rule or haven't perfected their operations to handle it.
June 8
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Flagstar Bancorp is interested in buying a small-to-midsized independent nonbank mortgage banker as part of a strategy to boost its retail origination volume.
June 2
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American Advisors Group has released its jumbo reverse mortgage loan product to its wholesale network in California.
May 25 -
Stonegate Mortgage Corp. expanded its loss year-over-year following a decline in mortgage servicing rights assets.
May 11
