Wholesale
The wholesale lender expects more than $1.8 billion in proceeds, extending its capital restructuring while preliminary quarterly originations fall 16%
The offer covers scores of 580 and higher and cuts the adjustment on VA cash-outs above 90% LTV
Mortgage Matchup’s national campaign pitches brokers as a resource for consumers who assume their financing options are limited
The lender drops its minimum score overlays on agency loans and automatically selects the highest qualifying FICO or VantageScore result through its free credit reports
The wholesale lender is adopting a new identity three years after acquiring Homepoint’s wholesale business and rising to No. 4 in industry rankings
A simple shift — turning everyday broker questions into short videos — could help AEs build relationships without trying to become influencers
The wholesale lender removes an adjustment for new locks while Fannie and Freddie align pricing between VantageScore 4.0 and Classic FICO
Benchmark Mortgage is shifting its resources to retail after closing Eleven’s wholesale and correspondent operation, while brokers face questions over loans already underway
The rights offering is intended to strengthen the wholesale lender’s balance sheet while management targets more than 50% market share and continued investment in broker technology
ChatUWM replaces the lender’s InTouch mobile app, letting brokers ask about expiring locks, loan updates, guidelines, and other pipeline information by voice