New York Life Investment Management is acquiring a majority stake in Invictus Capital Partners, putting the $838 billion asset manager behind Verus Mortgage Capital's growing non-agency platform
Benchmark Mortgage is shifting its resources to retail after closing Eleven’s wholesale and correspondent operation, while brokers face questions over loans already underway
The rights offering is intended to strengthen the wholesale lender’s balance sheet while management targets more than 50% market share and continued investment in broker technology
ChatUWM replaces the lender’s InTouch mobile app, letting brokers ask about expiring locks, loan updates, guidelines, and other pipeline information by voice
