Mortgage lenders that operate both retail and wholesale channels have long faced a technology problem that has little to do with originating the loan itself: the two sides of the business often don’t run through the same front door. nCino is trying to change...
Bellevue, Washington-based Flyhomes has announced it is leaving the real estate brokerage business to focus exclusively on distributing its flagship Buy Before You Sell products through wholesale channels. The company announced it will transition its real estate...
A&D Mortgage LLC, the Fort Lauderdale-headquartered non-QM lender, has signed a definitive agreement to acquire the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc. (NASDAQ: COOP) Mr. Cooper previously acquired the wholesale...
Madison, Wisconsin-based Fairway Independent Mortgage Corp. announced it will be closing its wholesale division. The final lock date on new loans is scheduled for Feb. 9 and the last day to submit new loans is Feb. 16, with brokered loans required to be closed by...