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

Published: June 24, 2019, 5 p.m.

b"Have you\\xa0considered taking action with one of the hottest growing trends in the mortgage industry? It's certainly something\\xa0that nearly all\\xa0mortgage professionals are talking about!\\n\\nIn today's Hot Topic segment we've got Vince Parlove, Director of Wholesale Development at United Wholesale Mortgage,\\xa0as\\xa0our guest\\xa0to talk about this growing\\xa0channel in the mortgage industry!\\n\\nVince Parlove started\\xa0his career right out of college with The Associates Financial Services as an Account Representative. His\\xa0role was fairly broad at the Associates from writing small personal loans thru Auto loans and Residential Mortgages.\\xa0 Great training ground! After the Associates\\xa0he owned a Wholesale company called Franklin Mortgage Funding/FMF Capital and started\\xa0his career in the Broker/Wholesale world. That company was a startup and\\xa0he took that organization to 600 employees and a high water mark of over 5bb in volume.\\n\\nAfter the run at FMF Capital,\\xa0Vince joined an organization called Michigan Mutual.\\xa0 He\\xa0brought over a Retail/Consumer Direct piece to them.\\xa0 As that piece grew\\xa0he was asked to become the President of the organization and oversee both the wholesale and retail channel.\\xa0 He\\xa0grew 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.\\xa0 He has\\xa0a 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.\\xa0\\n\\nRead more...\\nHave you\\xa0considered taking action with one of the hottest growing trends in the mortgage industry? It's certainly something\\xa0that nearly all\\xa0mortgage professionals are talking about!\\n\\nIn today's Hot Topic segment we've got Vince Parlove, Director of Wholesale Development at United Wholesale Mortgage,\\xa0as\\xa0our guest\\xa0to talk about this growing\\xa0channel in the mortgage industry!\\n\\nVince Parlove started\\xa0his career right out of college with The Associates Financial Services as an Account Representative. His\\xa0role was fairly broad at the Associates from writing small personal loans thru Auto loans and Residential Mortgages.\\xa0 Great training ground! After the Associates\\xa0he owned a Wholesale company called Franklin Mortgage Funding/FMF Capital and started\\xa0his career in the Broker/Wholesale world. That company was a startup and\\xa0he took that organization to 600 employees and a high water mark of over 5bb in volume.\\n\\nAfter the run at FMF Capital,\\xa0Vince joined an organization called Michigan Mutual.\\xa0 He\\xa0brought over a Retail/Consumer Direct piece to them.\\xa0 As that piece grew\\xa0he was asked to become the President of the organization and oversee both the wholesale and retail channel.\\xa0 He\\xa0grew 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.\\xa0 He has\\xa0a 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.\\xa0\\n\\nRead more..."