Wholesale
The Bookspan Baker Team is moving from Guild to NEXA as the brokerage builds recruiting momentum among experienced mortgage professionals
Underwriting+ combines processing, underwriting, and borrower communication, with UWM reporting an 8.3-day average from submission to clear-to-close during its pilot
New platform brings pricing, submissions, document handling, and loan tracking into one system as the wholesale lender expands its Non-QM business
The wholesale lender is giving brokers more options for projects outside standard agency guidelines and a faster way to identify potential loan products
Wholesale lender lands between the industry’s $845,000 benchmark and Pennymac’s $850,000 ceiling
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