Guaranteed Rate closes Stearns wholesale channel

Chicago-based Guaranteed Rate will discontinue its third-party wholesale channel, Stearns Wholesale Lending, just one year after it acquired the multichannel lender.

January 13, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. Guaranteed Rate closes Stearns wholesale channel Mortgage Chicago-based Guaranteed Rate will discontinue its third-party wholesale channel, Stearns Wholesale Lending, just one year after it acquired the multichannel lender. CoreLogic leadership change: CEO Frank Martell resigns Fintech CoreLogic announced Wednesday that COO Pat Dodd will replace Frank Martell as CEO on an interim basis after Martell resigned. Experience Groundbreaking Automated Verification of HOI Best in class workflow automation provider, DataVerify, is now offering automated verification of Homeowners Insurance through a direct connection with Nexsys Clear HOIsm. This breakthrough product can significantly modernize and simplify the mortgage experience for lenders and borrowers alike.   Learn More! Sponsored by DataVerify Douglas Elliman CEO on why the company is on its own Podcasts, Real Estate Matthew Blake sits down with Douglas Elliman CEO Scott Durkin to discuss the company's split from Vector and his plans for its future. Listen Now! Why 2022 could open more opportunities for subservicing Presented by Selene Finance With production volumes flattening out and non-QM originations increasing, the need for originators to focus resources and cost on the front end of the business could lead to more subservicing opportunities. What origination goals did you set for 2022? Hey loan officers! How do you plan to grow your business this year? Loan Officer Hub gathers the best industry insights, tips and strategies on marketing, referrals, and working with consumers – all tailored just for you. Explore now! Sponsored by MGIC Housing inventory crisis continues in 2022 Politics & Money, Real Estate, HW+ Exclusive Content To see where housing demand is headed, look at the MBA purchase application data from the second week of January to the first week of May. FHFA's loan-fee bump buoys PLS market Mortgage, HW+ Exclusive Content  The Federal Housing Finance Agency's announcement last week that it will hike upfront fees for high-balance and second-home loans effective April 1 will provide a boost for the private-label securities market, according to executives at one of the leading sponsors of private-label securities. Save time and money on your originations in 2022 Mortgage market fluctuations happen, but an expert originations partner can help pave the path forward. Computershare Loan Services takes on the overhead burden with end-to-end and component fulfillment options so you can focus on building business. Partner with us! Sponsored by Computershare First American to acquire Mother Lode Holding Company Closing First American Financial Corp. will buy Mother Lode Holding and its subsidiaries, including 92 offices in 11 states. Nominations for HousingWire's Finance Leaders award are now open! Awards HousingWire's Finance Leaders award honors senior executives in housing who are enabling, supporting and navigating growth and innovation within their organizations. Accelerate your Secondary Knowledge with MCT's Learning Center The MCT Learning Center delivers customized content based on your position in the mortgage growth cycle. Read articles, watch webinars, and learn from case studies that will help you get to the next stage of growth. Learn More! Sponsored by MCT HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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