Flyhomes looks to grow via wholesale channel

Flyhomes looks to grow via wholesale channel

While many proptech companies have struggled to adapt to the slower housing market conditions and challenging venture capital environment, Flyhomes is viewing this as a time to grow. In October 2023, the... Read more »
Fairway shuts down wholesale channel

Fairway shuts down wholesale channel

Fairway Independent Mortgage Corp., the nation’s ninth-largest mortgage originator, announced Friday that it would be closing its wholesale channel and pivoting entirely to retail. “The people who have run Fairway’s Wholesale Department... Read more »
Fix-and-flip lender Anchor Loans launches TPO channel

Fix-and-flip lender Anchor Loans launches TPO channel

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers... Read more »

Citizens Bank to exit the wholesale channel

Providence, Rhode Island-based Citizens Bank, the 28th largest U.S. mortgage lender, has decided to close its wholesale channel, which produced over $1 billion in volume in the first half of this year.  “After... Read more »