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 »
How Rocket Pro TPO plans to court more brokers in 2024 

How Rocket Pro TPO plans to court more brokers in 2024 

In 2024, regardless of mortgage lenders’ volume, Fair Isaac Corp. (FICO) – the company that retains the rights to the market’s adopted methodology to measure consumer credit risk – will charge one... Read more »
How Rocket Pro TPO plans to bring court more brokers in 2024 

How Rocket Pro TPO plans to bring court more brokers in 2024 

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services. Rocket Pro TPO‘s executive vice president Mike Fawaz shared major changes... Read more »
Pennymac TPO hires former Citizens Bank mortgage executive

Pennymac TPO hires former Citizens Bank mortgage executive

California-based Pennymac Financial Services has hired Kristy Dickey, a former executive at Citizens Bank, as first vice president of TPO sales. Dickey will be responsible for growing the lender’s broker division and... Read more »
How Rocket Pro TPO plans to court more brokers in 2024 

Rocket TPO announces a 25 bps credit on non-owner-occupied agency loans 

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes.  The announcement, made via social... Read more »