“Waterstone Mortgage is known for its forward-thinking leadership, as well as its family-like culture–two of the reasons I was drawn to the company,” said Woodbury. “I look forward to getting to know everyone and adding value to all the innovative work that is already happening here.”A former originator alleges unpaid overtime, recurring tech charges, and company restrictions that he says undermine his independent-contractor status
A former West Capital Lending LO is challenging the brokerage's independent-contractor model, alleging the company imposed extensive controls on originators while requiring them to pay hundreds of dollars in monthly fees and other business expenses.Paul Ko, who says he worke...
New Advantage program offers more flexibility for borrowers with past credit events, self-employed buyers using bank statements, and real estate investors
ResiCentral is expanding its Non-QM lending options with a new program offering up to 90% loan-to-value (LTV) financing, debt-to-income (DTI) ratios as high as 55%, and more accommodating guidelines for borrowers with past credit events.The wholesale and non-delegated corres...
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