The former Panorama CFO brings experience building wholesale and correspondent business to a lender investing in leadership and underwriting automation
Tagged: Correspondent Lending Channel
Both lenders point to financial strength and continued investment in broker partnerships amid rising rates, even while Non-QM production grows
Brokers who made the transition say greater control over products, pricing, and the lending process can be worth more than a margin boost. But warehouse lines and post-closing risks require careful planning
The rollout gives brokers and correspondent lenders another major outlet for VantageScore 4.0
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
How lenders and brokers can test the default, challenge the findings, and preserve a workable resolution in DPA, P&L, and DSCR disputes
The wholesale and correspondent lender plans to move six underwriting automation products into production within three months
Its $850,000 limit is available through consumer-direct, TPO, and correspondent lending ahead of FHFA’s 2027 announcement
Former NTFN president will lead scratch-and-dent purchasing, pricing assessments, and hedging oversight for the lender’s correspondent division