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Mortgage Broker

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AD Mortgage broker survey finds rising AI use and training gaps

May 1, 2026 by bp56691
In an AD Mortgage survey of 250-plus brokers, 55% use AI regularly and training satisfaction averaged 6.49 out of 10.
Categories Artificial Intelligence, HWmember, Lenders, Mortgage, Mortgage Broker, Technology

UWM adds VantageScore alongside FICO for conventional loans

April 29, 2026 by bp56691
UWM will show FICO and VantageScore on no-cost credit reports for conventional loans, aligning with FHFA pilot plans.
Categories Credit Score, FICO, HWmember, Mortgage, Mortgage Broker, Origination, United Wholesale Mortgage, VantageScore

New Cheval Holdings acquires Surge, appoints Jimmy Gillespie as CEO

April 9, 2026 by bp56691
New Cheval Holdings acquires Surge, a wholesale mortgage partner intelligence platform, and names Jimmy Gillespie as CEO.
Categories HWmember, Mergers and Acquisitions, Mortgage, Mortgage Broker, People Movers, Technology, Wholesale Lending

Atlantic Avenue Mortgage leads HECM broker endorsement activity in January

March 18, 2026 by bp56691
Atlantic Avenue Mortgage posted 935 HECM endorsements over the past 12 months, including 113 in January 2026.
Categories HECM, HWmember, Mortgage Broker, Reverse, Reverse Market Insight, Reverse Mortgage Daily

Rocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS

February 26, 2026 by bp56691
Rocket Pro announced a partnership with Compass to offer additional credits to brokers and unveiled a new loan origination system during its Ignite26 event.
Categories HWmember, LendingLife, Mortgage, Mortgage Broker, Rocket Companies, Rocket Mortgage, Technology

Exclusive: Mike Fawaz announces departure from Rocket Pro

February 16, 2026 by bp56691
Mike Fawaz said he is departing Rocket Pro after roughly 15 years with the company and plans to announce his next steps in March, he said Monday.
Categories HWmember, LendingLife, Mortgage, Mortgage Broker, People Movers, Rocket Companies, Rocket Mortgage, Team Leaders, Wholesale Lending

NEXA Lending CEO Mike Kortas explains why he’s buying shell companies

February 9, 2026 by bp56691
NEXA Lending CEO Mike Kortas says the acquisition of shell entities is to form JVs with builders, agencies and strategic partners.
Categories HWmember, Mike Kortas, Mortgage, Mortgage Broker, NEXA Lending, Origination

How The Loan Store doubled volume in a crowded wholesale market

December 23, 2025 by bp56691
In the first nine months of 2025, the company doubled its origination volume to $8.2 billion, ranking as the fourth-largest U.S. wholesale lender.
Categories Arizona, HWmember, LendingLife, Mortgage, Mortgage Broker, Non-QM, Origination, Underwriting, Wholesale Lending

Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads

October 17, 2025 by bp56691
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
Categories California, Griffin Funding, HWmember, Lawsuit, Legal, LendingLife, loanDepot, Mortgage, Mortgage Broker

loanDepot claims West Capital Lending used illegal playbook to become a top brokerage

October 14, 2025 by bp56691
loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits.
Categories HWmember, Lawsuit, Legal, LendingLife, Loan Officer, loanDepot, Mortgage, Mortgage Broker
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