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Wholesale Mortgage Lending News


broker news | secondary marketing news | PPE directory | wholesale lender directory


Last Updated Friday, April 18, 2014 04:05 PM Central


Several Executives Land New Jobs at Mortgage Firms
Many of the latest executive appointments in real estate finance were mid-level managers at mid-sized lenders, servicers and wholesalers. Experience for most of today's leaders is measured in decades.

www.LoanKinection.com

Reverse Mortgage Wholesalers Outperform Retailers
Monthly reverse mortgage volume from wholesale lenders moved higher as retail production slumped. Business exploded at February's busiest reverse lender.

Non-QM Jumbo Hits Market
A growing wholesale mortgage lender has introduced a new jumbo product that goes outside the Qualified Mortgage box.

2014 Is Year of Mergers for Mortgage Firms
Although the number of mortgage-related casualties has significantly declined this past year, wholesale lenders are disappearing at a brisk pace. Meanwhile, mortgage mergers are on the rise.

Q1 mortgage casualties at 13

Builder's Mortgage Unit Acquires Retail Originator
Just a month after announcing it would eliminate wholesale lending from its business, Universal American Mortgage Company LLC is acquiring retail mortgage banking assets.

Fmr CFPB Official's Firm to Offer Wholesale Non-QMs
A company founded by a former Consumer Financial Protection Bureau official has agreed to a merger that has it providing non-Qualified Mortgage through the wholesale channel.

Mortgage Executives Promoted, Recruited
Several executives at mortgage banking firms have been promoted, while several more have been recruited from competing companies.

Staff Cuts Have Yet to Match Drop in Originations
Profits deteriorated at independent mortgage shops as production was pared and employee expense increased. Although new business has declined by more than a quarter over the past year, staffing levels have risen by nearly a fifth.

Wholesaler Dumps Conv, Jumbo Programs and Expands Subprime
Carrington Mortgage Services LLC said it will reallocate its resources by eliminating conventional and jumbo products from its wholesale menu and expanding subprime lending.

Mortgage Broker Wins Appeal in Wholesaler's Lawsuit
A mortgage broker that was found liable for a fraudulent power of attorney used in a refinance transaction appealed the decision -- and won.

Mortgage Broker News | Originator Newsletter
Stories about mortgage brokering and broker programs. Profiles of successful mortgage brokers. Articles about mortgage brokers who excel at other activities. Broker lawsuits and criminal broker activity.


Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.




Jumbo Mortgage News

Wholesale Lending News | Directory | P r i cing Engine | Originator Newsletter
News about wholesale lenders, correspondent lenders and wholesale mortgage lending programs. Alt-A, subprime and other niche loan programs. Lawsuits between wholesalers and brokers.



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Top Service Providers for Los
The 2012 Loan Originator Survey looked at which service providers are utilized most by mortgage loan officers.



Wholesale Lender Directory
7 wholesale lending directories including conforming, FHA and nonprime.



Mortgage Originator Newsletter
Free news and advice for loan officers.



Pricing Engine Directory
Directory of companies that provide pricing engines and loan program search technology.



Pricing Engine News
Stories about loan program searches and loan pricing technology, players and activity.



Pricing Engine
Search for lowest mortgage rates by location and program.



Loan Pricing Engines and Loan Search Engines




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