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Home » Store » News » Major Wholesale Lenders Pull Back A Little Further on Broker Channel

Major Wholesale Lenders Pull Back A Little Further on Broker Channel

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Both Wells Fargo and Chase Home Finance announced steps to further cut their wholesale broker business in another move pointing to an industry-wide shift away from that sector. Chase said it was closing its wholesale business and has decided “to focus on loan originations through Chase bank branches, our Consumer Direct business, and retail-originated loans acquired...
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