Its growth has been driven by well-known industry veterans. TLS’s strategy is rooted in the prior experience of its leadership team — including CEO Phil Shoemaker, president Jason Lee and chief revenue... Read more »
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 »
The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was... Read more »
California-based lender Summit Funding has appointed Thomas Yoon as the head of subsidiary Lead+ Wholesale Lending, the company announced on Wednesday. In his new position, EQA Mortgage’s former president will strive to... Read more »
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 »
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 »