Brokerage Loan Officers Real Estate Agent Retail 
Housing Wire
AUGUST 25, 2022
South Carolina-based Movement Mortgage has acquired the brokerage Superior Rate Mortgage of New England to expand operations in the region, the company announced Wednesday. The acquisition is another step to boost its sales amid shrinking loan origination volumes. The terms of the deal were not disclosed.
Housing Wire
MARCH 16, 2022
Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. That means that they get more product options.
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Housing Wire
SEPTEMBER 11, 2023
Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. The lender has about 80 loan officers and aims to hire up to 100 in states.
Housing Wire
JANUARY 11, 2023
“Sometimes 10-20 basis points is all an LO needs to win over a real estate agent or get creative on a borrower’s loan,” the company said in a statement. . Brokers can use the points for conventional, government and non-agency loans up to $1 million. . ” .
Housing Wire
MARCH 15, 2024
These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.
Housing Wire
JUNE 5, 2023
HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. Desmond Smith: There are two ways to get a mortgage — wholesale or retail.
Housing Wire
MARCH 15, 2021
His West Coast brokerage shop sent tens of millions of dollars in loans to the wholesale mortgage giant in recent years. In Ishbia’s estimation, these two companies, which both have retail operations, are trying to cut the broker out of the mortgage equation.
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