LoanDepot = Whole-tail Lender
Anthony Casa
?? CEO UMortgage ?? Master Mistake Maker ????♂? Inoperative Filter ?? Breaker Of Things
Here is sourced data, verifying whole-tail lending practices related to active mortgage brokers signed up to do business with LoanDepot. This data is from 2018!
This is the Fake Non-Sense that LoanDepot tells mortgage brokers. These policies are not real. This is marketing, gimmick, smoke and mirrors.
Here is MORE data to support LoanDepot Whole-tail Lending Practices and active repurposing of past customers of mortgage brokers.
Here is what they tell mortgage brokers. "LoanDepot Wholesale-protects and values our brokers relations, so that your borrowers remain YOURS."
In case anyone out their wants to dispute the authenticity of my statements over the last nine months or wants to know why I'm not in litigation with these whole-tail lenders over perceived 'false statements'. Let me let you in on secret, I'M TELLING THE TRUTH, THESE ARE FACTS, AND THE LAST PLACE THESE WHOLE-TAIL LENDERS WANT TO SEE ME IS IN LITIGATION, WHERE ALL TRUTHS WOULD COME OUT.
#StopWholetailLending #MortgageBrokers
Safeguard Business Capital, Mortgage Broker NMLS ID 32922
6 年I do all I can to only do biz with true wholesale lenders
Retired-not looking to connect with people I don't already know
6 年This is really a matter of respect for your source of business.? Do you choose to compete with referral sources or do you work with them to enhance their success and ultimately your own?? For many years brokers just "took it".? With so many lenders back in the wholesale channel brokers have more options.? One of them will be to do business with those who don't solicit their clients.? Smart ones will.
?? CEO UMortgage ?? Master Mistake Maker ????♂? Inoperative Filter ?? Breaker Of Things
6 年Jack “the hack” O’Brien Tell your general counsel to litigate if anything I am saying is untrue. Since it is 100% fact, that won’t be happening. And Tell Anthony Hsieh (since he blocked me on social media) that I really miss his self absorbed, crap social media post. You guys are about to have your 3rd down YoY in arrow, still 2/3 refinance driven model in a purchase market, still 1/3 mortgage broker volume based and have produced zero innovation or technology. Translation: You are not a technology company and your an average mortgage non bank lender. Fact: Not one of the hundreds of brokers that had a past customer refinanced by LoanDepot received a payoff notification from Loan Depot. Fact: Not one of the several hundred past customers of brokers refinanced by LoanDepot we’re notified by LoanDepot that working with their original mortgage broker was an option. You record the phone calls, provide recordings if this statement is untrue. Fact: LoanDepot is a wholetail lender that repurposes mortgage brokers past customers for LoanDepots sole financial benefit.
?? CEO UMortgage ?? Master Mistake Maker ????♂? Inoperative Filter ?? Breaker Of Things
6 年#mortgagebrokers #stopwholetaillending