Newrez Wholesale

BrokerBrand TPO marks the retail lender’s first move into wholesale, promising to support brokers without competing for the clients they bring

Fitch downgraded the wholesale giant after leverage reached 6.1x, saying the preferred investment changes UWM’s funding structure but does not immediately reduce its debt burden

Wholesale lender taps former N2 Funding executive to oversee processing and closing as it targets higher production

Mike Kortas calls loanDepot a "sinking ship" on social media while promoting NEXA's recruiting package as the two companies remain embroiled in litigation

The mortgage industry veteran previously spent a decade helping guide the wholesale lender’s growth

The lender’s third acquisition since 2025 adds wholesale broker relationships, retail branches, and an established non-QM operation