Tag Archive for: brokers

“Non-Bank” Mortgage Lenders vs. Banks; Who Are The Players? Why It Matters

Most Americans have never heard of PennyMac, United Wholesale Mortgage, loanDepot, and Freedom Mortgage. These are just a few of the huge “non-bank” mortgage lenders that funded almost 60% of […]Read More

Who Funds Mortgage Loans? Banks, Credit Unions, Mortgage Banks, and Brokers

We host “Homebuyer Seminars” for buyers and “Mortgage 101 Seminars” for agents, and one of the slides that always derives a surprising amount of interest is the one that sets […]Read More

Loan Origination Channels: Banks, Mortgage Banks, Brokers

We often get questions about the different mortgage origination channels: (1) Commercial Banks; (2) Mortgage Banks; and (3) Brokers. The Three Mortgage Origination Channels Commercial Banks have dominated the field […]Read More