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» On the Rise: Loan Broker Market Share
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On the Rise: Loan Broker Market Share
May 15, 2023
Andras Malatinszky
The shift happened as the nation’s largest wholesaler, UWM, edged out PennyMac to become the top seller of loans to the agencies.
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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?
Yes, we’re expecting a boom!
No. In fact, we’re still downsizing.
Yes, but only a few positions.
No. We’re staffed just right.
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