Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
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loanDepot claims West Capital Lending used illegal playbook to become a top brokerage
loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits.
Katie Sweeney, AIME lawsuit escalates as broker group files counterclaims
Katie Sweeney lawsuit against AIME seeks $280,000 in unpaid compensation while the mortgage broker association counters with allegations of misconduct.
Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education
Kimber White is set to return as NAMB president on Oct. 1, where he’ll focus on advocating for housing affordability and mortgage education.
Does the trigger leads bill opt-in provision wave goodbye to competition?
The industry debate heats up as trigger leads crackdown raises questions about consumer protection and market power.
Mortgage brokers say loanDepot is knocking at their door again
Brokers told HousingWire that representatives at loanDepot are reaching out to them with wholesale channel partnership offers.
Future unveils Alpha, an in-house AI mortgage system
Future Mortgage is currently beta testing Alpha in-house and plans to roll it out to all brokers in the first quarter of 2026.
NEXA Mortgage hires Eric Mitchell to help boost LO count
Mitchell will serve as a “key hire” recruiting partner for NEXA, newly appointed chief operating officer Jason duPont said in an interview with HousingWire.
UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers
The introductions of LEO and MIA come on the heels of UWM’s stated goal to double its origination volume to $280 billion over the next three years.
EPM’s Kevin DeLory dies of cancer at 53
EPM CEO Eddy Perez confirmed DeLory’s death, writing, “Kevin made me a better leader, and more than that, he made me a better man.”