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Items Tagged with 'correspondent'


Here’s exactly how ditech is coming back into the market

Correspondent lending is a big part of the company's new plan
May 19, 2014
The company, which was once of the leaders in subprime lending, has released details on just how it plans to build a base in one of its new areas of focus: correspondent lending.
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Fifth Third terminates relationships with wholesale loan brokers

Will focus on correspondent lending
March 10, 2014
"While this was an extremely difficult decision to make, we intend to build on our leadership position in the correspondent market and remain committed to purchasing loans from smaller financial institutions and independent mortgage companies," mortgage head says in letter.
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New Penn launches mini-correspondent division

Lending product popular among credit unions and community banks
October 1, 2013
The 46-state lender said under the program, mini correspondent clients originate loans, submit them to New Penn for underwriting. Once the lender gets the clear-to-close, they sell the loans back to New Penn post-funding.
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Friday Funding: Prospect Correspondent Lending talks expansion

July 11, 2013
Friday Funding is a HousingWire web series profiling the lending segment in depth, and highlighting the operations and the people that make this sector tick. In the latest installment,...
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Friday Funding: HomeBridge talks correspondent growth

June 27, 2013
Friday Funding takes a look at the mortgage lending operations at origination firms. In this edition, Bela Donine, a managing director at HomeBridge discusses correspondent growth with HousingWire. HousingWire: Who...
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Caliber Funding steps into the correspondent lending space

May 6, 2013
Mortgage lender Caliber Funding launched a correspondent lending channel, expanding its production capacity, the company announced at the Mortgage Bankers Association Secondary Market Conference & Expo...
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Bank of America expands base of mortgage loan officers

April 18, 2013
Bank of America expanded its base of mortgage loan officers in 2012 and has plans to further this trend as originations come back. In the first...
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Picking an LOS system seems like firing shots in the dark

April 16, 2013
In meetings with customers and prospects, I like to ask: What do you want from your LOS system?These days, typical responses tend to be automated compliance,...
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BOK Financial gears correspondent lending toward smaller banks

April 3, 2013
BOK Financial’s correspondent lending division created a unique product to cater specifically to small banks and credit unions.Ben Cowen, president of BOK Financial Mortgage said, "The...
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AIG launches unit to invest in whole mortgages

March 6, 2013
Insurer AIG intends to find and acquire residential whole loan mortgages as investments through a newly created business unit called Connective Mortgage Advisory Co.Connective will create...
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