loanDepot claims West Capital Lending used illegal playbook to become a top brokerage
loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits — practices that loanDepot claims are illegal and enabled WCL to become one of the largest mortgage brokerages in the country in just three years. The len
Friday Harbor’s AI originator assistant now supports overlays
Friday Harbor, an AI-powered platform that helps loan officers build compliant loan files in real time, announced this week that its AI Originator Assistant can now assess loans against lender and investor overlays in addition to standard program guidelines. The update aims to give lenders greater c
South Carolina Manufacturers Alliance, SC Chamber of Commerce announce merger
COLUMBIA, S.C. (WIS) - Two organizations linked to South Carolina’s economy announced a merger on Tuesday.The South Carolina Chamber of Commerce and the South Carolina Manufacturers Alliance will come together to form the South Carolina Manufacturers and Commerce during a press conference alongside
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