Wholesale lenders

ICBA Mortgage has expanded its relationship with DH Corp. to offer Independent Community Bankers of America members access to the MortgageBot loan origination system.

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.

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.

American Advisors Group has released its jumbo reverse mortgage loan product to its wholesale network in California.

Stonegate Mortgage Corp. expanded its loss year-over-year following a decline in mortgage servicing rights assets.

Flagstar Bancorp reported an increase in net income during the first quarter, mainly on higher interest income and a larger release of loan loss reserves.

Stonegate Mortgage Corp. in Indianapolis has promoted James Smith, its president and chief operating officer, to be its permanent CEO.

An Altisource Residential Corp. affiliate is taking management's side in the real estate investment trust’s fight with activist investors.

QRM clarified the rules of the road for securitizations. Now, participants in the MBS world seeking better margins are looking beyond the safe harbor — to the subprime space.

Flagstar Bancorp in Troy, Mich., has launched a national homebuilder lending platform.

The Federal Home Loan Bank System was designed to provide liquidity to community lenders and traditional insurers, not to unregulated lenders that circumvent the membership rules.

Mortgage startup Nexera Holding has reached $100 million in fundings just six months after it began operations.

Funds managed by Blackstone's private equity group will acquire a majority stake in the corporate parent of Stearns Lending for an undisclosed amount.

Issues with upgrading software and ensuring pricing accuracy to comply with the consumer bureau's "integrated disclosures" have been magnified in wholesale loan transactions.

With the implementation date for the TILA-RESPA Integrated Disclosures just days away, here's a look at some of the finishing touches the mortgage industry is making to its technology and training preparations.

The resignation of Stonegate Mortgage founder and CEO Jim Cutillo will likely result in either the quick hiring of a replacement CEO to execute Stonegate's business plan or the company being acquired, according to analysts at FBR Capital Markets.

Parkside Lending has introduced jumbo mortgages for properties with loan-to-value ratios as high as 95% and without mortgage insurance.

Blackstone Group has acquired a majority stake in the parent company of nonbank mortgage lender Stearns Lending.

Impac Mortgage Holdings reported an increase in second-quarter profit, citing higher gains on the sale of loans.

United Wholesale Mortgage has introduced software to help brokers and correspondents close loans faster.