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May 1, 2014

Lenders, Brokers Applaud LoanDepot’s Move Into Wholesale

By Paul Muolo

According to figures compiled by Inside Mortgage Finance, in the fourth quarter brokers facilitated roughly 9.8 percent of all originations, one of the lowest readings ever.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.


No. It’s still difficult compliance/regulatory-wise.


Maybe. It’s under consideration.


Not now. But things could change as 2018 progresses.