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HousingWire (blog)

Mortgage lenders need to keep an eye on this little-known mortgage metric
HousingWire (blog)
Likewise, wholesale lenders consider the compare ratio of correspondents before entering into a wholesale agreement with them. These are just the most prominent uses of the compare ratio by industry participants, but there are numerous other entities ...

and more »

Peer to peer lending facilitator Harmoney is to begin lending money through its own online platform
"Introducing Harmoney capital will mean Harmoney that will take the same risk as any other wholesale lender. Harmoney's growth should see enough opportunity for all lenders on the platform and Harmoney's own capital is simply an extension of its source ...

Mortgage Professional America

Growing from broker to lender (Part 2)
Mortgage Professional America
Bob Dougherty is vice president of business development at Calyx Software, a leading provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers. He has more than ...


In the Winner's Circle with Mat Ishbia of UWM: We're going to hire thousands more people
... fast-paced and energetic discussion, Mat explains why "100% of our focus is on mortgage brokers." UWM is crushing it in mortgage finance, ranking as the No. 7 overall lender according to Inside Mortgage Finance, which is huge for a WHOLESALE lender.


2018 Rising Stars: Sarah DeCiantis
... chief marketing officer at United Wholesale Mortgage, leads marketing and strategy for UWM, including marketing, public relations, advertising, social media, creative and CRM, which has established the company as the No.1 wholesale lender in ...

Mortgage Professional America

Promontory MortgagePath adds 3 in bank relations, sales push
Mortgage Professional America
His experience includes senior-level sales positions with correspondent and wholesale lenders such as Platinum Mortgage, Plaza Mortgage, Michigan Mutual, and Security National Mortgage. "We are seeing a growing acceptance and adoption of both our ...

The Real Deal

Nonbank mortgage lending skyrockets in Q1: report
The Real Deal
United Wholesale Mortgage Solutions blew past Bank of America and became the fifth-largest mortgage originator in the U.S. with $6 billion in lending. The Michigan-based lender saw the biggest year-over-year gains in originations among the top 10 ...

Nashville Business Journal

Out-of-state lender buys in to Nashville with $511 million deal
Nashville Business Journal
“This transaction takes our mortgage business to the next level, expanding our reach and adding immediate scale in servicing as well as innovative correspondent and wholesale solutions,” Brad Conner, Citizens' head of consumer banking, said in the ...
Big bank paying $500M+ for Franklin AmericanNashville Post
Citizens Bank parent to triple mortgage originations with $511M acquisitionPhiladelphia Business Journal
Citizens Financial buys mortgage firm in $511M dealPittsburgh Business Times

all 11 news articles »

Mortgage Professional America

Plaza Home Mortgage names COO
Mortgage Professional America
Wholesale and correspondent mortgage lender Plaza Home Mortgage has promoted Michael Fontaine to COO in addition to his role as CFO. With his promotion, Fontaine will now also oversee day-to-day operations of Plaza's businesses nationally, strategic ...

Mortgage Professional America

Angel Oak Commercial Lending acquires small-balance commercial mortgage lender
Mortgage Professional America
... it purchased a controlling interest in Cherrywood Mortgage, a national small-balance commercial mortgage lender based in Los Angeles. Under the deal, Cherrywood will become Angel Oak Commercial's wholesale small-balance commercial lending arm.

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