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Wholesale
Coming Up:
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%
Lendz Financial Enters Wholesale Market
Reliable Holdings Manager dba Lendz chose LendingPad as its loan origination system.
Majestic Home Loan Abruptly Shuts Down
Calif.-based wholesale lender reportedly closed on Jan. 31.
Rocket Mortgage Cut 50 Jobs Last Week
Reduction in force is second in January, following cuts at Rocket Central.
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.
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.
Cenlar Names New VP, Human Resources Business Partner
Nayda McKain has been with mortgage loan servicer since 2019.
Logan Finance Credits OptifiNow TPO For Sales Team Growth
Non-QM wholesale lender credits CRM’s flexibility and innovative features as key to managing rapid growth.
Can Consumers Save Big By Using Wholesale Mortgage Brokers?
UWM, Homepoint tout joint study claiming more than $9K in savings, but won't share data used in analysis.