The company said it would wind down its third-party originations channel following deteriorating volume and margins in 2022 that stretched into the first three months of this year.
The move was announced as an effort to cut costs.
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Fintech Startup Roam Bets on Assumable MortgagesRoam, a startup specializing in assumable mortgages—loans that home sellers can transfer to the buyer—has opened its doors. So reports The Real Deal.
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Impac Mortgage Goes Broker, Winds Down TPO Channel
Impac Mortgage has unveiled a shift to a mortgage broker fulfillment model for its retail consumer direct lending vision. So reports Seeking Alpha.
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