Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. The…
Tag: Wholesale Lending
UWM will use AI to tap into refi pools
Michigan-based United Wholesale Mortgage (UWM) has launched proprietary technology that will use artificial intelligence (AI) to…
Wholesale giant OCMBC acquires defunct retail lender HomeStar Financial
Mortgage lender and servicer OCMBC has acquired HomeStar Financial Corp., marking a significant expansion across the…
HighTechLending leaders say flexibility, added value drive rebranded wholesale division
California-based HighTechLending, a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding…
HighTechLending to rebrand wholesale channel as American Senior Lending
HighTechLending, a California-based top-10 reverse mortgage lender, announced on Friday that it is rebranding its wholesale…
UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase initiative
“As a result, a broker will no longer need to work with a title company or…
Lower founder says lender is still active in M&A searches
In a low-volume mortgage origination market, some sellers “don’t have the balance sheet or their owners…
Pennymac posts first-quarter profit of $39M
Pennymac Financial Services earned a profit of $39.3 million in the first quarter of 2024, the…
Flyhomes looks to grow via wholesale channel
While many proptech companies have struggled to adapt to the slower housing market conditions and challenging…