Wholesale
Wholesale lender says alternative scores are producing lower rates or reduced LLPAs for some borrowers
Its $850,000 limit is available through consumer-direct, TPO, and correspondent lending ahead of FHFA’s 2027 announcement
Wholesale lenders can standardize income, employment, and asset verification while keeping the broker’s name in front of the borrower
The retail lender matched Rocket’s $845,000 ceiling as this year’s rollout began weeks earlier than it did in 2025
New TPO capability lets Encompass lenders process retail and broker-submitted loans through the same point-of-sale system
Farr takes over day-to-day operations while Kortas focuses on acquisitions, partnerships, new businesses, and LO economics
Questions over UWM’s capital structure, MSR valuations, and pricing strategy could carry consequences across the wholesale channel
One securities class action challenges UWM’s disclosures, while two newer stockholder suits target board oversight of the $27.5 billion derivatives position
NEXA Unlimited drops key production and recruiting requirements as the company bets its growing scale can support a broader 100% revenue model
Leaders from NEXA and Edge join three Vetted VA professionals on the organization’s first advisory board