California-based LenderMac to acquire Direct Mortgage
LenderMac agreed to acquire Direct Mortgage, aiming to expand its footprint and build multichannel lending capabilities.
Wholesale Lending
Auto Added by WPeMatico
Exclusive: Mike Fawaz announces departure from Rocket Pro
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.
Mutual of Omaha hires veteran Tommy Noyes for reverse wholesale role
Tommy Noyes has joined Mutual of Omaha Mortgage from Liberty Reverse Mortgage as a national wholesale account executive for Mutual’s reverse mortgage business.
AmeriTrust hires Shea Pallante as it preps for correspondent lending launch
AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume.
How The Loan Store doubled volume in a crowded wholesale market
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.
NEXA Mortgage rebrands to NEXA Lending, but it’s not a pivot to retail
Kortas hopes to lure large retail producers to the wholesale side by emphasizing their biggest advantage: wholesale pricing.
Smartfi Home Loans shutters retail division
Smartfi Home Loans, a top reverse mortgage lender, closed its retail division to focus exclusively on wholesale operations. Paul Fiore departed as retail president.
GoodLife’s Chase Kinder on growing his company’s reverse mortgage presence
GoodLife Home Loans is rapidly growing its HECM market share and looking to expand under new wholesale division leader Chase Kinder.
HOME launches bilingual learning system and AI-powered wholesale search tool
HOME Certified, an on-demand LMS, trains and certifies loan officers to serve Hispanic and Latino borrowers.
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.