6-24-19 The Growing Movement to Wholesale in the Mortgage Industry

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Have you considered taking action with one of the hottest growing trends in the mortgage industry? It's certainly something that nearly all mortgage professionals are talking about! In today's Hot Topic segment we've got Vince Parlove, Director of Wholesale Development at United Wholesale Mortgage, as our guest to talk about this growing channel in the mortgage industry! Vince Parlove started his career right out of college with The Associates Financial Services as an Account Representative. His role was fairly broad at the Associates from writing small personal loans thru Auto loans and Residential Mortgages. Great training ground! After the Associates he owned a Wholesale company called Franklin Mortgage Funding/FMF Capital and started his career in the Broker/Wholesale world. That company was a startup and he took that organization to 600 employees and a high water mark of over 5bb in volume. After the run at FMF Capital, Vince joined an organization called Michigan Mutual. He brought over a Retail/Consumer Direct piece to them. As that piece grew he was asked to become the President of the organization and oversee both the wholesale and retail channel. He grew that organization to approximately 500 employees and 2bb dollars in annual volume at its height. Today Vince is the Director of Wholesale Development at UWM. He has a team that helps folks set up their entity, get their Independent Mortgage Broker license, get approved with respective Wholesale lenders and finally build their business. Read more...

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