Wholesale
Nation's leader in origination volume has reduced its staff by 2,600 since 2021; Rocket Cos. has cut 29%
Reliable Holdings Manager dba Lendz chose LendingPad as its loan origination system.
Calif.-based wholesale lender reportedly closed on Jan. 31.
Reduction in force is second in January, following cuts at Rocket Central.
Has cut staff from about 80 to about 20 employees since merger with Lakeview Loan Servicing.
Now offers 2-1 and 1-0 seller-paid buydowns on its core loan products.
Refutes claim made in race car sponsorship lawsuit.
Nayda McKain has been with mortgage loan servicer since 2019.
Non-QM wholesale lender credits CRM’s flexibility and innovative features as key to managing rapid growth.
UWM, Homepoint tout joint study claiming more than $9K in savings, but won't share data used in analysis.