Founder Hass Beydoun cites lead-generation infrastructure in the move, bringing his Detroit team and office after funding $55.5 million over 14 months
Tagged: Wholesale Lending
Both lenders point to financial strength and continued investment in broker partnerships amid rising rates, even while Non-QM production grows
Brokers who made the transition say greater control over products, pricing, and the lending process can be worth more than a margin boost. But warehouse lines and post-closing risks require careful planning
Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending
Better’s Special Committee dropped its challenge after an independent inspector preliminarily verified more than 52% support for removing five directors, clearing the way for Vishal Garg’s group to begin reshaping the board
HomeHub expansion routes financing interest from protected wholesale borrowers back to their originating loan officers
New York Life Investment Management is acquiring a majority stake in Invictus Capital Partners, putting the $838 billion asset manager behind Verus Mortgage Capital's growing non-agency platform
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
ChatUWM replaces the lender’s InTouch mobile app, letting brokers ask about expiring locks, loan updates, guidelines, and other pipeline information by voice