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Business as Usual for Most Wholesalers and Mortgage Brokers as Stay is...
As most brokers and wholesalers have been scrambling to adjust their business models to comply with the April 1st enforcement of the Federal Reserve Board’s loan originator compensation rule, they woke...
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LO Compensation Rule Takes Effect After Stay Lifted by Appellate Court
Late Tuesday, the United States Court of Appeals for the District of Columbia ruled against the stay requested by the National Association of Mortgage Brokers (NAMB) and the National Association of...
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Major Wholesaler Launches Broker-Centric Branch Program
Real Estate Mortgage Network Inc. (REMN), a national mortgage lender based in River Edge, N.J., has announced the launch of Menlo Park Funding, a new branch opportunity for select independent brokers...
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2011 State of the Wholesale and Correspondent Channels: A National Mortgage...
In putting together this month’s focus on the wholesale and correspondent channels, National Mortgage Professional Magazine decided to gather a few of the industry’s top wholesale and correspondent...
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REMN Launches New Wholesale 203(k) Product
Real Estate Mortgage Network Inc. (REMN) has announced the introduction of its Wholesale FHA 203(k) Rehabilitation Product to remove the complexity out of the process for independent retail lenders...
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REMN Adds Two AEs to Its Wholesale Division
Real Estate Mortgage Network Inc. (REMN) has announced the additions of Anthony Durso and Roger Del Giorno to the company's growing wholesale division. With 25 years of experience that bridges both the...
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REMN Wholesale Schedules VA Interest Rate Reduction Refinancing Webinar
REMN Wholesale, a division of Real Estate Mortgage Network Inc., has announced their upcoming free Webinar for VA Interest Rate Reduction Refinancing Loans (IRRRL). Set for Thursday, Feb. 23 from...
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REMN Bolsters Its Wholesale Team Through the Addition of New AEs
Real Estate Mortgage Network Inc. (REMN) has strengthened its support levels for independent mortgage brokers and bankers by bringing on veteran account executives in the Midwest and Southeast regions....
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Wells Fargo to Cease Funding Mortgages Originated by Independent Brokers
Wells Fargo has announced that on July 13, it will discontinue funding mortgages that are originated, priced and sold by independent mortgage brokers through its wholesale channel. Mortgages sold by...
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Legends of Lending: REMN—Talent, Teamwork and Intelligence
Real Estate Mortgage Network Inc. (REMN) is a New Jersey-based mortgage company with a great deal of talent. Led by an experienced group of industry veterans that includes seven former corporate CEOs,...
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REMN Wholesale Launches New Community Bank and Credit Union Channel
REMN Wholesale launched their Community Banks and Credit Unions channel to specifically fulfill the needs of independent, local lending institutions. The new channel will be led by Bryan Joy, business...
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REMN Wholesale Launches Scorecard to Monitor Broker Performance
REMN Wholesale has launched a new self-improvement tool to help mortgage brokers monitor their performance and measure it against their competitors. The new REMN Broker Scorecard repurposes REMN...
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Industry Vet Joe Amoroso Launches Indeed Abstract
New Consumer Financial Protection Bureau Qualified Mortgage (QM) rules have lenders looking for non-affiliated title companies they can trust to see their clients through the closing process. To solve...
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Indeed Abstract to Offer Title Training to LOs
Indeed Abstract has announced that it is now offering title training to loan officers. The point of the training is to educate loan officers to understand the basics of the title procedures, and more...
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Indeed Abstract Adds Customized Default Services to Its Product Line
Indeed Abstract, a national title and settlement company, has announced that it has added default services to their comprehensive array of product offerings. “Our growing title and settlement client...
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