Posted To: Pipeline Press

Mark Twain famously said, “When I was a boy of 14, my father was so ignorant I could hardly stand to have the old man around. But when I got to be 21, I was astonished at how much the old man had learned in seven years.” Many lenders have learned a lot about partnering and co-branding. Much of this is supported by computers (aka, digital) and creative, aggressive management. Like Quicken Loans and Charles Schwab/TD Ameritrade, or NewRez partnering with Russell Real Estate Services. There’s Wealthfront “eyeing” partnering up with a bank to offer mortgages. (“Wealthfront… Customers will be able to apply for mortgages made by a bank partner of Wealthfront through Wealthfront’s mobile app…”) Certainly lenders are either owned by, or partner with, real estate companies…(read more)

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Source: Mortgage News Daily