Counterparty risk and oversight platform provider Loanscape says customizable questionnaires and document requests enable lenders to automate up to 80% of their workflow when engaging mortgage brokers and agents.
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Gold Star Wholesale is streamlining and automating its third-party originator (TPO) onboarding process in partnership with counterparty risk and oversight platform provider Loanscape.
Phoenix, Arizona-based Loanscape said Monday that its customizable questionnaires and document requests will allow Gold Star to automate up to 80% of its workflow when onboarding mortgage brokers and agent lenders.
Pramod Kolampalambir
“Gold Star Wholesale is a visionary company in the mortgage industry and we are excited to support their mission of providing the best end-to-end experience for brokers,” Loanscape co-founder Pramod Kollamparambil said in a statement. statement. “By leveraging our platform, Gold Star can now engage counterparties faster, more securely and more efficiently than ever before. We look forward to a long-term and productive partnership that will redefine the standard of excellence in wholesale lending. “
Former Goldman Sachs analyst, Post lamp 2022 Co-founded Loanscape with mortgage broker Evan Einhornis the owner of Modern Home Lending in Scottsdale, Arizona.
loan landscape Promote real-time analytics to optimize TPO relationships and integration with systems such as Hubspot, Salesforce, Google Drive, OneDrive, Sharepoint and Dropbox.At the product launch event in January announcementThe company claims the platform’s ability to unify communication pipelines eliminates fragmented back-and-forth communications, while centralized risk monitoring and alerting reduces layoffs.
Venus Wholesale is the wholesale and correspondent lending arm of Ann Arbor, Michigan-based Gold Star Mortgage Financial Group, which operates in 43 states and Washington, D.C. – Anywhere except Alaska, New York, Vermont, New Hampshire, Massachusetts, Rhode Island and Wyoming.
Christian Butterfield
“We are excited to partner with Loanscape and leverage their platform,” Gold Star Wholesale executive Christian Butterfield said in a statement. “Loanscape’s technology aligns perfectly with our commitment to delivering an exceptional experience for our TPO partners. We are excited to see All the changes that Loanscape will bring to our channel.”
On the retail side, gold star mortgage financial group employment 188 Mortgage Loan Originators work out 35 branches The program is available in 16 states, according to records maintained by the National Mortgage Licensing System and Registry.lender’s Products include Conventional loans, jumbo loans, FHA, VA and USDA loans, condo financing and reverse mortgages.
Gold Star’s competitors in the wholesale lending business include United Wholesale Mortgage (UWM), the largest home loan provider in the United States, and Rocket Pro TPO, Rocket Mortgage’s wholesale and non-agent lending pipeline.
Last month, Fairway Independent Mortgage Corp. declare The company will close its wholesale mortgage division and “shift the company’s business model to 100% retail.”
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