The surging broker channel is attributable to rapid growth at United Wholesale Mortgage, by far the largest platform in the business. According to IMFresearch, no other table-funder comes close.
Varde partnered with Deephaven in 2014 to help fuel the lender's origination of non-QM loans. Pretium is a signficant player in the single-family rental market. Last fall the firm agreed to buy specialty servicer Selene Holdings from Lew Ranieri and his partners.
Freddie CEO Don Layton: "People tell me, ‘Well, let’s have a common AUS that everyone can use.’ My only data point on that is that to have a common system on the backend for the security (UMBS) took seven years and $2 billion to build…”
Mark Garland, executive vice president of MountainView Financial Solutions, is a firm believer that interest rates will stop declining at some point and the MSR sales machine will pick up a head of steam.
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