New Advantage program offers more flexibility for borrowers with past credit events, self-employed buyers using bank statements, and real estate investors
Tagged: Wholesale Lending
The wholesale lender reverses a $452 million quarterly loss as Ishbia targets $2.1 billion in annual expenses for 2027, even with production and margins under pressure
Servicing kept the lender profitable in the third quarter as production volume plunged and management accelerated a $160 million cost-reduction plan
Born from a broker's winning Big Pitch proposal, Quick Counter analyzes competing Loan Estimates and generates alternative offers during borrower calls
Wholesale lender adds credit-score flexibility to select jumbo, bank statement, investor, and home equity products
The lender adds 200 broker partners representing $12 billion in potential annual production, while its servicing and real estate businesses strengthen its competitive position
Wholesale lenders have adopted different rules for appraisal transfers, loan product changes, and reporting formats, adding complications for brokers and appraisers ahead of the Nov. 2 mandate
The wholesale lender expects more than $1.8 billion in proceeds, extending its capital restructuring while preliminary quarterly originations fall 16%
The offer covers scores of 580 and higher and cuts the adjustment on VA cash-outs above 90% LTV
Nearly four decades in lending have reinforced a veteran’s conviction: lasting success comes from solving borrower problems, adapting, and earning trust