The Future of Wholesale
A former executive of a now shuttered wholesale division discusses the future of the channel.
A former executive of a now shuttered wholesale division discusses the future of the channel.
Gregory Smallwood brings two decades of experience in the field.
Joseph Grassi brings more than 35 years of experience in real estate finance and consumer lending compliance.
Tells regulators it will prepay a $500 million securitization facility.
The couple had to whitewash their home for a more accurate valuation.
The second-largest retail mortgage lender has cut nearly 4,000 jobs since the end of last year and will close its wholesale business.
As company reports second straight quarterly loss, it announces plans to exit its wholesale business by Oct. 31, 2022.