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Wholesale
Coming Up:
Major Mortgage Lenders Adjust Financing Deals
loanDepot switches from Credit Suisse, UWM adds $500M facility.
Mar 24, 2023
Silvergate Capital Shutting Down
Cryptocurrency lender halted its warehouse mortgage operation 2 months ago.
Even Without Layoffs, UWM Has Cut 30% Of Its Staff
Nation's leader in origination volume has reduced its staff by 2,600 since 2021; Rocket Cos. has cut 29%
Majestic Home Loan Abruptly Shuts Down
Calif.-based wholesale lender reportedly closed on Jan. 31.
Feb 06, 2023
Rocket Mortgage Cut 50 Jobs Last Week
Reduction in force is second in January, following cuts at Rocket Central.
Jan 25, 2023
Silver Hill Funding's 'Seamless' Merger Included 4 Rounds Of Layoffs
Has cut staff from about 80 to about 20 employees since merger with Lakeview Loan Servicing.
Jan 25, 2023
Plaza Home Joins Other Lenders Offering Buydowns
Now offers 2-1 and 1-0 seller-paid buydowns on its core loan products.
EPM Denies Halting Sponsorship Payments Due To 'Margin Call'
Refutes claim made in race car sponsorship lawsuit.
Dec 08, 2022
Freedom Mortgage Names New SVP Of Wholesale Division
Company also launches 4EVER Wholesale campaign to celebrate more than 30 years of serving lenders and brokers.
Oct 24, 2022
Wall Street Takes Note Of Trouble In Wholesale
Fitch downgrades two nonbank residential mortgage lenders.
Oct 20, 2022