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The wholesale and correspondent lender plans to move six underwriting automation products into production within three months
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 proxy adviser says Garg has not made the case for removing five directors, while Better’s interim CEO outlines a narrower strategy built around wholesale, home equity, and repeatable partnerships
New TPO capability lets Encompass lenders process retail and broker-submitted loans through the same point-of-sale system
