Gold Star taps Loanscape to streamline broker onboarding
Counterparty risk and oversight platform provider Loanscape says customizable questionnaires and document requests allow lenders to automate up to 80% of the onboarding workflow
by Matt Carter Apr 1
Homepoint selling wholesale business to The Loan Store
Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by end of Q2
by Matt Carter Apr 7
First Community Mortgage recognized for ethical practices
Subsidiary of First Community Bank of Tennessee announced Midwest expansion in October and has also been recognized for its efforts to reach a diverse population of borrowers
by Matt Carter Nov 30
UWM overtakes Rocket Mortgage as biggest US lender after strong Q3
United Wholesale Mortgage says it's attracting not only homebuyers, but mortgage originators, by slashing rates and offering the latest technology to build market share
by Matt Carter Nov 4
United Wholesale Mortgage is gunning for retail rivals' customers
United Wholesale Mortgage, the nation's biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages
by Matt Carter Sep 7
Mortgage company Homepoint laying off 'hundreds' of workers
The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100M a year in response to an 'extremely challenging' lending environment
by Matt Carter Sep 2
A full list of real estate companies making layoffs in 2022 and 2023
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
by Matt Carter Jun 3
Nexera Holding aims to ‘disrupt’ traditional mortgage industry with process automation, streamlined consumer communication
Nexera launches consumer-direct and wholesale lending platforms to increase transparency and efficiency
by Amy Tankersley Jul 16