Wholesale Lender

Wholesale Lender

A lender that provides loans through mortgage brokers or correspondents.

See Mortgage Lender/Retail Versus Wholesale Lenders.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
National Australia Bank (NAB: ASX)-funded wholesale lender, Advantedge, has announced that it has made changes to its credit policy.
A program now being introduced by United Wholesale Mortgage, the country's largest wholesale lender, departs from the traditional approach to escrows: It allows conventional loan applicants who have significant dings to their credit -- FICO credit scores of 640 -- and who make down payments as low as 5 percent to avoid escrow accounts.
26 September 2016 - US-based wholesale lender United Wholesale Mortgage has signed on as the first partner of the KickStart Independent Mortgage Program, an initiative co-launched by UWM and US trade association the National Association of Mortgage Brokers to spur more loan originators to open their own independent mortgage broker shops, the company said.
United Wholesale's wholesale production last year was nearly $1 billion more than the second-ranked wholesale lender on IMF's list, the company said.
Iselin, NJ, March 17, 2015 --(PR.com)-- REMN Wholesale, a national wholesale lender and platinum sponsor of the NJ mortgage bankers association, greeted a high volume of event attendees entering the mortgage bankers conference yesterday with a plethora of fun giveaways made available at their double booth during the event.
(SeeNews) - Dec 17, 2014 - German wholesale lender BayernLB has filed a lawsuit against Austria, demanding that the state pay back a loan of EUR 2.4 billion (USD 2.9bn) granted to Hypo Alpe Adria.
Hilgert was previously CEO of German wholesale lender WestLB, while Weckesser has been head of Dekabank's IT department since April 2009.
The bad bank of German wholesale lender, WestLB (WDLG.UL), is said to have shrunk its portfolio.
GE Capital Commercial Distribution Finance, a subsidiary of GE (NYSE: GE), is chosen as the wholesale lender for Fleetwood RV's new inventory stock programme.
The troubled bank belonged to German wholesale lender BayernLB until it was nationalised by Austria at the end of 2009 to prevent its collapse.
The residence previously was linked with a November 2005 mortgage of $357,000 held by America's Wholesale Lender of Dallas.

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