Calif.-based wholesale lender reportedly closed on Jan. 31.
Wholesale
Reduction in force is second in January, following cuts at Rocket Central.
Has cut staff from about 80 to about 20 employees since merger with Lakeview Loan Servicing.
Now offers 2-1 and 1-0 seller-paid buydowns on its core loan products.
Refutes claim made in race car sponsorship lawsuit.
Nayda McKain has been with mortgage loan servicer since 2019.
Non-QM wholesale lender credits CRM’s flexibility and innovative features as key to managing rapid growth.
UWM, Homepoint tout joint study claiming more than $9K in savings, but won't share data used in analysis.
Around 100 staff members were laid off, according to a source that works for the company.
Company also launches 4EVER Wholesale campaign to celebrate more than 30 years of serving lenders and brokers.