Skip to main content

W.J. Bradley Shuts Down

Phil Hall
Mar 15, 2016
​W.J. Bradley Mortgage Capital, a Centennial, Colo.-based lender, has posted a message on its Web site announcing that the company is closing

W.J. Bradley Mortgage Capital, a Centennial, Colo.-based lender, has posted a message on its Web site announcing that the company is closing.

“After consulting with its advisors, the company determined that an orderly wind-down is in the best interest of the company, its creditors and other stakeholders,” the message stated. “The company ceased operations and stopped funding new loans on March 13, 2016. It is hoped that undertaking the wind-down through this orderly process will reduce costs, avoid additional liabilities, minimize the impact on existing customers and maximize the value of the Company’s assets.”

The company was founded in 2002 and was licensed in 48 states. As of last summer, it operated approximately 80 branch locations and employed more than 1,000 people. W.J. Bradley was named to Inc. Magazine's 500|5000 list of the fastest-growing private companies in 2013, placing at number 972 among the top 5,000 companies and at number 62 among the Top 100 Financial Services Companies. The company originated $43.3 billion in residential mortgages during 2014, and last year it announced that had “allocated significant capital to growth through acquisition in 2015 and is regularly seeking quality origination outfits in exchange for premium valuation opportunity.”

Published
Mar 15, 2016
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021