Tagged: Mortgage Broker

HomeHub expansion routes financing interest from protected wholesale borrowers back to their originating loan officers

The startup emerged from stealth with $5.1 million after acquiring Hightide Mortgage, and growing from eight to roughly 40 LOs, betting AI can change the economics of the brokerage model

Benchmark Mortgage is shifting its resources to retail after closing Eleven’s wholesale and correspondent operation, while brokers face questions over loans already underway

The rights offering is intended to strengthen the wholesale lender’s balance sheet while management targets more than 50% market share and continued investment in broker technology

The Bookspan Baker Team is moving from Guild to NEXA as the brokerage builds recruiting momentum among experienced mortgage professionals

Underwriting+ combines processing, underwriting, and borrower communication, with UWM reporting an 8.3-day average from submission to clear-to-close during its pilot

Wholesale lenders can standardize income, employment, and asset verification while keeping the broker’s name in front of the borrower

New TPO capability lets Encompass lenders process retail and broker-submitted loans through the same point-of-sale system

Farr takes over day-to-day operations while Kortas focuses on acquisitions, partnerships, new businesses, and LO economics

NMP Ignite's Build-A-Broker Summit tackled the decisions that determine whether a new brokerage becomes a scalable company or a more demanding job