The Irving, Texas-based lender is also reportedly in negotiations to sell its retail mortgage division, which employs about 1,000 loan originators nationwide.
Source: Inman News
Finance of America exiting wholesale, correspondent lending
More from correspondent lendingMore posts in correspondent lending »
More from Finance of AmericaMore posts in Finance of America »
- Essent scooping up Finance of America’s title businesses for $100M
- Finance of America refugees land at Hallmark Home Mortgage
- More lenders jumping the gun on historic Fannie, Freddie loan limits
- Inman announces first round of exhibitors and digital demo session sponsors for ICLV21
- RE/MAX’s Motto Mortgage up and running in 38 states
More from Graham FlemingMore posts in Graham Fleming »
More from Guaranteed RateMore posts in Guaranteed Rate »
More from loanDepotMore posts in loanDepot »
- Dr. Shani Mott spent her last days fighting for housing equality
- LoanDepot settles high-profile appraisal bias lawsuit filed in 2022
- NAR settlement may disrupt mortgage partner agent programs
- LoanDepot trims 2023 net loss by 37%, retains ‘strong liquidity profile’
- LoanDepot hackers had access to Social Security numbers, DOBs
More from MortgageMore posts in Mortgage »
- Maxwell’s AI tool probes inner workings of mortgage lending
- UHM revamps leadership team to support growing national footprint
- Lamacchia: ‘Nothing’s changed’ about mortgage commission rules
- Digital insurance marketplace Matic grows mortgage clientele
- Shape real estate’s future: Take the Inman Intel Index survey for April
More from SelectMore posts in Select »
- New San Francisco showroom offers private islands and yachts
- California Association of Realtors CEO resigns after 2 years
- Maxwell’s AI tool probes inner workings of mortgage lending
- Decades of NAR membership data has vanished amid enrollment dip
- Sign a buyer brokerage agreement to see a property? No way!
More from United Wholesale MortgageMore posts in United Wholesale Mortgage »
Be First to Comment