Wholesale lenders

Plaza Home Mortgage has expanded the guidelines of its wholesale and correspondent non-qualified mortgage program to allow using bank statements for documenting income.

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

Plaza Home Mortgage's wholesale division has rolled out a one-time close, construction-to-permanent loan that meets Fannie Mae underwriting guidelines.

University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.

Impac Mortgage Holdings saw its shift to predominantly originate non-qualified mortgage loans reduce its fourth-quarter GAAP net loss along with increasing its gain-on-sale margins.

A subsidiary of digital-media company Beta Music Group is linking its origination support technology with Arive's online platform, which connects mortgage brokers to lenders, borrowers and third-party vendors.

Ellie Mae's latest update to the Encompass loan origination system includes templates to help mortgage lenders with Americans with Disabilities Act compliance.

For the first time, Remax Holdings has sold a Motto Mortgage franchise to a real estate brokerage affiliated with a competing franchisor.

Carrington Mortgage Services has created a nondelegated correspondent channel, looking to build on relationships it has with originators that currently broker loans to the company.

Total Expert will use its new $20 million venture capital investment — led by Emergence Capital — to build out its Marketing Operating System, designed for the future of financial services.

Stearns Lending is buying large equity stakes in smaller mortgage banking companies as it looks to grow its retail loan production business.

Amid a tight housing market and rising rates, mortgage brokers and wholesalers have been engaged in an intense competition for control over borrower relationships.

Quicken Loans subsidiary One Reverse Mortgage is rolling out a private-label alternative to the Federal Housing Administration's Home Equity Conversion Mortgage that offers higher loan limits and more flexible underwriting terms.

Revisions to the TILA/RESPA integrated disclosure that go into effect this fall drove the changes Ellie Mae made in its latest update to the Encompass loan origination system.

To keep winning business in an increasingly competitive loan channel, United Wholesale Mortgage is giving brokers more control of the borrower relationships that persist even after loans close.

United Wholesale Mortgage has set out to be an ally to mortgage brokers in unprecedented ways as CEO Mat Ishbia works to evolve the channel's transactional nature into a more relationship-driven dynamic.

When big banks bailed on brokers during the housing crisis, United Wholesale Mortgage doubled down. As third-party originations now make a comeback, the family-owned company is determined to chip away at retail lenders' dominance.

Impac Mortgage Holdings will sell up to $600 million of non-qualified mortgage loans to Starwood Property Trust over the next 12 months that will be securitized.

Incenter Mortgage Advisors is facilitating the sale of more than $10 billion in mortgage servicing rights tied to Fannie Mae and Freddie Mac loans originated by mortgage brokers.

Angel Oak Commercial Lending has acquired a controlling interest in lender Cherrywood Mortgage in order to strengthen its focus on small-balance commercial lending.