The New York Community Bancorp plans to reinvest proceeds from sale into securities holdings
Tagged: Wholesale Lending
Having brokered-out reverse loans historically, the move adds a new channel to the Texas-based lender's offerings.
UWM attributes the surge in the wholesale channel's growth to increased consumer confidence in independent mortgage brokers, citing significant cost savings and expanded lender options for borrowers.
The last lock date on new loans will be Feb. 9.
Jeff Pancer brings 34 years of experience to new EVP of Capital Markets role.
In a strategic pivot, the Providence-based banking giant will stop accepting new wholesale mortgage submissions.
Retail, once a major source of business, has become a bit player for EPM.
Fintech says new model will offer originators direct access to its end-to-end HELOC platform
STRATMOR Group's May Insights Report analyzes wholesale lending opportunities for lenders and LOs.
Eliminates mortgage insurance fees and allows more borrowers to qualify for the program.