Wholesale
Coming Up:
UWM Eyes Long-Term Borrower Retention Through Two Harbors Acquisition
United Wholesale Mortgage’s $1.3 billion all-stock acquisition of Two Harbors would nearly double its MSR footprint, while strengthening long-term borrower retention and competitive positioning in the broker channel
Foundation Mortgage Strengthens Operations With Three New Hires
Phil Brousseau, Toniey Williams, and Patrick Turner have joined Foundation Mortgage’s leadership team to meet growing demand from brokers nationwide in the Non-QM and traditional markets
Cornerstone Financing Launches New Wholesale Program
The new Prime HEI offering lets licensed mortgage brokers help homeowners unlock equity with no debt, no interest, and no monthly payments
TCPA Class Action Targets Swift Home Loans Over Alleged Spam Calls And Texts
The plaintiff alleges that Swift Home Loans used trigger leads to bombard consumers with unsolicited texts and calls
UWM Announces Three New Broker Tools
The launch of Income Calculator, Loan Lab, and Brand 360 provides the mortgage broker community with new resources to streamlining processes and expand marketing capabilities
Better Unveils AI-Powered Wholesale HELOC And CES Platform
New Wholesale Lending Platform, powered by Tinman AI, features a wide credit matrix and fast digital application
loanDepot Sues West Capital Lending Over Alleged Employee Raiding, Data Theft
loanDepot accuses the Mega Brokerage of poaching and trade secret theft amid growing industry competition for top producers
Homebuyers Sue Mortgage Giants, Alleging Nationwide Price-Fixing Scheme
If certified, the case will become one of the largest antitrust actions in housing finance history
Federal Judge Narrows Class Action Against UWM
Claims under RESPA and Florida Deceptive and Unfair Trade Practices Act (FDUTPA) may proceed