Without a doubt, United Wholesale Mortgage is the Big Kahuna of table-funding with a massive market share reading of 35.1%, according to Inside Mortgage Finance. In short, it has left all competitors in the dust…
State regulators proposed standards for nonbanks in 2015 but there was no follow-through. However, the issue is alive and well thanks to the incoming chairman of the Conference of State Bank Supervisors.
In the first quarter of 2019, the average credit score for retail production was 725.97, 7.3 points higher than the average for correspondent production...
FHFA Director Mark Calabria: "For instance, we are actively reviewing all recent expansions into new markets and activities to put an end to the era of charter creep."