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November 21, 2017

3Q17 Results: Third-Party Lenders Gained Market Share in a Purchase-Heavy World

By John Bancroft

In the broker channel, United Wholesale Mortgage once again dominated…

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Poll

Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.

35%

The wholesale/table funder. They’re taking the financial risk.

30%

The broker, but only for the first year. After that, the borrower is fair game.

13%

Hard to answer. It’s a complicated issue.

22%