Wholesale mortgage lenders

Truv Announces Partnership with the Leading Mortgage Verification Innovator Xactus

Retrieved on: 
Tuesday, September 6, 2022
Professional Services, Data Management, Security, Technology, Other Technology, Finance, Banking, Citadel, Partnership, Workforce, Technology, Wholesale mortgage lenders, API, Organization, LLC, Fraud, Risk, Employment, Income, Real estate, Peil Dael Truv Yum

Through this partnership, Xactus current verification capabilities will be augmented with Truvs consumer-permissioned data approach to income and employment data.

Key Points: 
  • Through this partnership, Xactus current verification capabilities will be augmented with Truvs consumer-permissioned data approach to income and employment data.
  • Truv couldnt be more excited to partner with Xactus to empower thousands of mortgage lenders with access to consumer-permissioned income and employment data, said Truvs Co-Founder and CEO Kirill Klokov.
  • Were confident that this partnership will enable mortgage lenders partnered with Xactus to speed up the mortgage approval process while decreasing costs relative to current verification methods.
  • On Xactus quest to advance the modern mortgage, we are looking for like-minded, progressive partners and found that in Truv.

Mortgage Lenders Remain Bearish on Profits Amid Rising Mortgage Rates, Declining Volume

Retrieved on: 
Thursday, March 10, 2022
Fed, Industry, PSB, MLSS, Fannie Mae, Growth, Senior, Reading, My Home Purchase Plan, Wholesale mortgage lenders, Real estate, Mobile phone

WASHINGTON, March 10, 2022 /PRNewswire/ --A majority of mortgage lenders continue to expect near-term profitability to decrease amid rising mortgage rates and declining refinance activity, according to Fannie Mae's (FNMA/OTCQB) Q1 2022 Mortgage Lender Sentiment Survey (MLSS).

Key Points: 
  • WASHINGTON, March 10, 2022 /PRNewswire/ --A majority of mortgage lenders continue to expect near-term profitability to decrease amid rising mortgage rates and declining refinance activity, according to Fannie Mae's (FNMA/OTCQB) Q1 2022 Mortgage Lender Sentiment Survey (MLSS).
  • According to the survey, 75% of mortgage lenders believe profit margins will decrease in the next three months, up from 65% in the prior quarter, while 17% believe profits will remain the same and 9% believe profits will increase.
  • "For the sixth consecutive quarter, mortgage lenders expressed bearishness about near-term profit margin expectations amid headwinds from declining refinance activity, slower purchase mortgage demand growth, and narrowing spreads," said Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae.
  • We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible.

Lenders Foresee Return to a More 'Normal' Housing Market in 2022

Retrieved on: 
Wednesday, December 15, 2021
MLSS, OTCQB, Wholesale mortgage lenders, Mortgage Bankers Association, Growth, PSB, Fannie Mae, Industry, Income, Pessimism, FNMA, Risk, Housing, My Home Purchase Plan, Efficiency, Real estate, Bank

Competition from other lenders and market trend changes were once again the top reasons cited for the profitability expectations.

Key Points: 
  • Competition from other lenders and market trend changes were once again the top reasons cited for the profitability expectations.
  • Additionally, across all loan types, more lenders this quarter reported reduced consumer demand over the previous three months for both purchase and refinance mortgages.
  • Looking ahead, again across all loan types, lenders on net expect purchase mortgage demand to remain largely stable, while refinance demand is expected to decrease substantially.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Mortgage Lenders Less Bearish on Profit Margins, Expect Improved Refi Volumes

Retrieved on: 
Thursday, September 9, 2021

WASHINGTON, Sept. 9, 2021 /PRNewswire/ --For the fourth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae's (OTCQB: FNMA) Q3 2021 Mortgage Lender Sentiment Survey (MLSS).

Key Points: 
  • WASHINGTON, Sept. 9, 2021 /PRNewswire/ --For the fourth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae's (OTCQB: FNMA) Q3 2021 Mortgage Lender Sentiment Survey (MLSS).
  • Additionally, across all loan types, more lenders this quarter reported reduced consumer demand over the previous three months for purchase mortgages but improved demand for refinance mortgages.
  • Meanwhile, a plurality of mortgage lenders expects refinance activity to continue to wane from the highs of the past year and a half even so, their outlook on likely refi volumes was improved compared to the prior quarter.
  • "On net, mortgage lenders' profitability outlook improved slightly from last quarter, although more lenders than not continue to expect profit margins to decline in the months ahead," Palim continued.

Leading Mortgage Trade Association Names Katie Sweeney as Chief Executive Officer

Retrieved on: 
Wednesday, January 27, 2021
Finance, Banking, Professional services, Residential Building & Real Estate, Construction & Property, Finance, Money, Economy, Mortgage broker, Wholesale mortgage lenders, Mortgage industry of the United States, Mortgage Professionals Canada, Fair Mortgage Collaborative

The Association of Independent Mortgage Experts (AIME), a non-profit, national trade membership association created exclusively for independent mortgage brokers, announces the promotion of Katie Sweeney to the role of Chief Executive Officer.

Key Points: 
  • The Association of Independent Mortgage Experts (AIME), a non-profit, national trade membership association created exclusively for independent mortgage brokers, announces the promotion of Katie Sweeney to the role of Chief Executive Officer.
  • As CEO, Sweeney will continue to focus on AIMEs core mission to support independent mortgage brokers and grow the wholesale mortgage channel.
  • View the full release here: https://www.businesswire.com/news/home/20210127005168/en/
    Katie Sweeney, CEO, Association of Independent Mortgage Experts (Photo: Business Wire)
    Sweeney rises to CEO from her position as AIMEs Executive Vice President of Strategy, where she spearheaded partnerships with top wholesale mortgage lenders and industry vendors to provide real-time support and exclusive access to mortgage brokers.
  • The Association of Independent Mortgage Experts (AIME) is a non-profit, national trade membership association created exclusively for independent mortgage brokers.

United Wholesale Mortgage Named Exclusive Mortgage Partner of Detroit Red Wings, Will Be Featured on Player Helmets During 2021 Season

Retrieved on: 
Monday, January 4, 2021
Money, Finance, Loans, Economy, Mortgage broker, uwm, Mortgage loan, Draft:United Shore Financial Services, Mortgage, Wholesale mortgage lenders

1 wholesale mortgage lender in the United States, and No.

Key Points: 
  • 1 wholesale mortgage lender in the United States, and No.
  • "Our decision to partner with, and become the exclusive mortgage provider for the Detroit Red Wings was easy," said Sarah DeCiantis, Chief Marketing Officer at UWM.
  • "As the #1 wholesale mortgage lender in the nation, our goal at UWM is to increase awareness around the benefits of working with independent mortgage brokers.
  • Headquartered in Pontiac, Michigan, United Wholesale Mortgage (UWM) is the #1 wholesale lender in the nation five years in a row.

Loan Simple Launches Wholesale Mortgage Lending Channel

Retrieved on: 
Wednesday, October 14, 2020
Loans, Mortgage loan, Wholesale mortgage lenders

DENVER, Oct. 14, 2020 /PRNewswire-PRWeb/ --Loan Simple, Inc., a national mortgage lender and servicer, announces its expansion into wholesale mortgage lending and the launch of their new campaign "The Simple Way to Home", paving way for a new era in the wholesale space.

Key Points: 
  • DENVER, Oct. 14, 2020 /PRNewswire-PRWeb/ --Loan Simple, Inc., a national mortgage lender and servicer, announces its expansion into wholesale mortgage lending and the launch of their new campaign "The Simple Way to Home", paving way for a new era in the wholesale space.
  • Anchored in the most state-of-the-art technology, Loan Simple delivers simple processes, simple talk and an unparalleled service experience.
  • Like Netflix or TurboTax who brought revolution to their respective industries, Loan Simple brings revolution to wholesale lending.
  • To partner with Loan Simple Wholesale or join their awesome team, visit
    Is there anything better than simple?

LendingQB® Mortgage SaaS Web-based LOS by MeridianLink® Announces Tremendous Growth in New Clients

Retrieved on: 
Wednesday, May 6, 2020
Loans, Money, Finance, Mortgage loan, Mortgage, Debt, Wholesale mortgage lenders, Mortgage broker

MeridianLink, developer of the financial industrys first multi-channel loan and new account origination platform, is gaining tremendous traction with their LendingQB product.

Key Points: 
  • MeridianLink, developer of the financial industrys first multi-channel loan and new account origination platform, is gaining tremendous traction with their LendingQB product.
  • The LendingQB browser-based, SaaS platform empowers lenders to achievetheir lean lending goals by streamlining the mortgage lending process and delivering a world-class user experience.
  • Flexpoint Mortgage Corporation, a mortgage lender that provides a straightforward and personalized mortgage experience was able to start originating loans on LendingQB within two months of signing the contract.
  • "The dedicated client support team at MeridianLink has been an invaluable partner throughout the entire implementation process", said Aaron Leffler, President of Flexpoint Mortgage.

Association of Independent Mortgage Experts Welcomes 2020 Sponsors

Retrieved on: 
Tuesday, February 25, 2020
Finance, Banking, Professional services, Residential Building & Real Estate, Construction & Property, Economy, Finance, Money, Mortgage broker, Wholesale mortgage lenders

The Association of Independent Mortgage Experts (AIME) , a non-profit, national trade membership association created exclusively for independent mortgage brokers, announced its 2020 sponsors.

Key Points: 
  • The Association of Independent Mortgage Experts (AIME) , a non-profit, national trade membership association created exclusively for independent mortgage brokers, announced its 2020 sponsors.
  • AIMEs network of new and returning sponsors highlights a renewed commitment in the industry to empowering independent mortgage brokers.
  • One hundred percent of 2019 lender sponsors returned in 2020 further cementing the value of an AIME sponsorship.
  • Returning this year as title lender sponsor, United Wholesale Mortgage (UWM) has been the nations number one wholesale mortgage lender for five years running and is the second-largest mortgage lender overall.

Association of Independent Mortgage Experts Debuts First-of-its-Kind Industry Ranking List for Wholesale Channel

Retrieved on: 
Tuesday, January 28, 2020
Residential Building & Real Estate, Construction & Property, Professional services, Finance, Economy, Mortgage broker, Finance, Money, Broker, Certified mortgage planner, Wholesale mortgage lenders

The Association of Independent Mortgage Experts announces the inaugural AIME Broker Rankings with the goal of recognizing the top-producing, fastest-growing and most accomplished independent mortgage brokers in the wholesale mortgage channel.

Key Points: 
  • The Association of Independent Mortgage Experts announces the inaugural AIME Broker Rankings with the goal of recognizing the top-producing, fastest-growing and most accomplished independent mortgage brokers in the wholesale mortgage channel.
  • This ranking list is unique in that it will highlight the achievements of mortgage brokers and loan originators who solely work within the wholesale channel, which are often overlooked in traditional industry rankings.
  • AIME Broker Rankings originated out of a lack of independent mortgage broker specific ranking lists to identify the leaders in the wholesale industry, said Anthony Casa, chairman of the Association of Independent Mortgage Experts.
  • The Association of Independent Mortgage Experts (AIME) is a non-profit, national trade membership association created exclusively for independent mortgage brokers.