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Wholesale Mortgage Lenders News

Mortgage pullback hints of housing crisis - Toronto Star


Mortgage pullback hints of housing crisis
Toronto Star
... Mortgage brokers are taking a wait, watch and worry approach to news that CIBC's wholesale mortgage arm, FirstLine, is no longer accepting new applications from so-called “stated-income” homebuyers. If other banks and mortgage lenders follow suit, ...

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Ryan Menerey Joins Reverse it! - National Mortgage Professional Magazine


Ryan Menerey Joins Reverse it!
National Mortgage Professional Magazine
Urban Financial's wholesale lending division. “Ryan is a great fit to our existing team." Ryan Menerey has been in sales and the mortgage business since 2003, shortly after graduating from the University of Michigan. He started his career in wholesale ...

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Lloyds Banking Says Wholesale Head Tate to Retire - Bloomberg


Lloyds Banking Says Wholesale Head Tate to Retire
Bloomberg
Lloyds Banking Group Plc (LLOY), Britain's biggest mortgage lender, said Truett Tate, the last surviving executive director from its takeover of HBOS Plc, will retire. Tate, 61, who headed the bank's corporate unit, will step down next month to be ...

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Mortgage lending tightens for self-employed, immigrants - Toronto Star


Toronto Star

Mortgage lending tightens for self-employed, immigrants
Toronto Star
By Susan Pigg | 2012/02/01 00:00:00 It's going to be tougher for the self employed, new immigrants and higher-risk borrowers to get a mortgage as concerns continue to mount over the state of Canada's housing market. CIBC's wholesale mortgage arm, ...

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Urban Hires Former Genworth Account Exec To Wholesale Division - Reverse Mortgage Daily


Urban Hires Former Genworth Account Exec To Wholesale Division
Reverse Mortgage Daily
Prior to his work at Genworth, Menerey began his career in wholesale mortgage lending with Indymac Bank. In his role with Urban, he will work from Southern California. “We are excited to have Ryan as a part of our wholesale team,” said Sherry Apanay, ...

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United Wholesale Mortgage Experiences Explosive Growth and Product Expansion - Florida Newswire


United Wholesale Mortgage Experiences Explosive Growth and Product Expansion
Florida Newswire
17, 2012 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), a national wholesale mortgage lender operating in 47 states, announced that in 2011 it significantly expanded its business in all functional areas, hired top executives, increased its ...

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Bank of America Mortgage Retreat Benefits These 6 Banks - TheStreet.com


Bank of America Mortgage Retreat Benefits These 6 Banks
TheStreet.com
Bank of America originated just 5.6% of new mortgages in the fourth quarter, good for fourth place among US lenders, but down precipitously from the roughly 20% market share it grabbed from 2007-2010 (see chart). The bank has exited the wholesale ...

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