Items Tagged with 'wholesale lending'
Walter Investment winds down 'small part of company'
February 5, 2014
"The wholesale channel has been a relatively small part of the Company's originations business with funded volumes of less than $1 billion in the nine months through September 30, 2013," the company said in a statement.Read More
Expands geographical footprint
December 12, 2013
Stonegate Mortgage Corporation is expanding its geographical footprint by acquiring the wholesale lending channel and certain distributed retail assets from Nationstar Mortgage Holdings, adding more than 200 employees.Read More
But some regional players see a silver lining for their own firms
November 1, 2013
Change is inevitable, and the wholesale lending space is definitely seeing a lot of it lately. But with bigger players like SunTrust moving out of broker lending, smaller players in the space are eager to find their footing.Read More
Blames complexity of the current mortgage market
October 31, 2013
The changing mortgage landscape continues to impact large banks and lenders, with SunTrust Mortgage announcing plans to exit broker lending, effective Dec. 31, 2013.Read More
August 6, 2013
Rey Maninang joins the wholesale lending division of Carrington Mortgage Services as senior vice president and national sales director for the company’s wholesale channel to oversee the sales team and increase market share.Read More