The proxy adviser says Garg has not made the case for removing five directors, while Better’s interim CEO outlines a narrower strategy built around wholesale, home equity, and repeatable partnerships
Tagged: Wholesale Lending
New TPO capability lets Encompass lenders process retail and broker-submitted loans through the same point-of-sale system
The Non-QM specialist will underwrite and fund California loans in-house while retaining access to more than 90 wholesale lenders across its broader footprint
Questions over UWM’s capital structure, MSR valuations, and pricing strategy could carry consequences across the wholesale channel
Amended complaint adds a named broker, new loan-level figures and a claim that damages have climbed to at least $100 million
Directors say several heavily promoted partnerships generated less than $50,000 each, raising questions about Better’s enterprise strategy and planned wholesale launch
BrokerBrand TPO marks the retail lender’s first move into wholesale, promising to support brokers without competing for the clients they bring
Fitch downgraded the wholesale giant after leverage reached 6.1x, saying the preferred investment changes UWM’s funding structure but does not immediately reduce its debt burden
Wholesale lender taps former N2 Funding executive to oversee processing and closing as it targets higher production
Mike Kortas calls loanDepot a "sinking ship" on social media while promoting NEXA's recruiting package as the two companies remain embroiled in litigation