LO Compensation

Brokers, just how will the loan origination compensation rules will effect brokers is the topic of an  excellent article in Origination News. It was written by two long-time, veteran mortgage journalists, Mark Fogarty and Brian Collins. (This blog is a place for brokers and wholesale lenders to come to discuss issues, argue, share ideas and…

News From The MBA’s Secondary Conference

What is the legitimate  purpose of the government sponsored enterprises? That was a question discussed at a panel at the Mortgage Bankers Association’s secondary conference in New York. Fannie Mae and Freddie Mac ought not to be relied upon as social policy makers, noted Joshua Rosner, a managing director with Graham Fisher and Co. The…

Welcome To SecondaryWire!

  SecondaryWire delivers a less expensive way for mortgage brokers and correspondents to offer loans or loan pools to lenders and investors for bids. In developing the platform our aim was simple: To remove the headaches, worries, compliance entanglements, and inefficiencies that too often plague the wholesale mortgage market. We’ve done that and more. SecondaryWire…