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.
Roam, 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 has unveiled a shift to a mortgage broker fulfillment model for its retail consumer direct lending vision. So reports Seeking Alpha.
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.