Tagged: wholesale

The higher limit gives brokers more room to keep borrowers from crossing into jumbo territory

Mortgage Nerds will keep its brand while tapping NEXA’s infrastructure, servicing, and retention capabilities to scale its business

NEXA Unlimited drops key production and recruiting requirements as the company bets its growing scale can support a broader 100% revenue model

The lender’s shares have traded below the exchange’s $1 threshold, putting a potential reverse stock split on the table

Directors point to early operating progress and Better’s planned wholesale launch as evidence that the lender should continue without its founder in management

Nearly 50 Matador originators will gain access to GoRascal’s newly completed 50-state platform as the Houston brokerage targets $1 billion in annual Texas production

Marcus will oversee legal strategy and corporate governance as the lender expands its use of AI, automation, and digital mortgage technology

Retail funded-loan count rose 33% from the first quarter with stable sales capacity, while proprietary products gained traction by offering some borrowers more cash than HECMs

Bullseye 90 can be applied to a conventional or government purchase or refinance loan through Sept. 8

The lender is concentrating on wholesale, consumer retention, and servicing while handing off distributed retail and preparing for more than $65 million in annual technology savings