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Mark Paul Cervantes
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Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down, economists say. The 30-year fixed-rate mortgage on […]
Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff
September 28, 2022
Mariel Alumit
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Comments Off on Non-QM lender Angel Oak Mortgage Solutions cuts 20% of staff
Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility. The company issued pink slips to 75 employees last week, […]
What mortgage lenders need to know about wholesale
June 6, 2023
Mark Paul Cervantes
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Comments Off on What mortgage lenders need to know about wholesale
HousingWire recently spoke with Desmond Smith, chief growth officer at United Wholesale Mortgage, about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. […]