Correspondent

Despite a hefty hedging loss, annual gains look to outweigh quarterly losses

CT-based lender reports $5.11 billion in residential originations, up 28% from the second quarter

Non-QM lender says expansion will allow it to offer more options to mortgage bankers nationwide.

New program intended to help ensure profitability goals are met by correspondent lenders on every loan. 

Reports strong first quarter with rate lock volume of nearly $3.2 billion.

Continues its plan to create a 'more focused home lending business.'

Decision to exit correspondent lending not a surprise to N.Y. lender.

Bank announces strategic plans to 'create a more focused home lending business.'

Now offers 2-1 and 1-0 seller-paid buydowns on its core loan products.

'We've taken our industry leading technology and made it a one-stop-shop for non-delegated correspondent lenders."