Company updates

QLMS had its best month ever

Despite the global pandemic, there are still some companies doing well. In fact, QLMS had its best month ever in April, receiving an eye-popping 36,000 applications. That is three times more clients than it helped in April 2019 and solidifies its position as the fastest-growing lender serving brokers. Not only are more in the industry realizing […]

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May 08, 2020

QLMS approves nearly 600 new partners in 30 days

QLMS remains a refuge of stability for mortgage brokers. It’s clear the broker community sees how well the lender is operating through this challenging time. In fact, in April alone, QLMS has approved nearly 600 new partners who are becoming Stronger Together thanks to QLMS’ industry-leading pricing, process, products, and technology. While 98% of its team members […]

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April 30, 2020

QLMS is now offering forward locks for all periods

QLMS continues to be a refuge of stability for mortgage brokers across the nation. A month ago, it adjusted its lock process, providing partners with an unprecedented 50 basis point enhancement, total credit of 76.5, on the 15-day lock opportunity. QLMS’ partners have responded in huge numbers. LOs and their clients are benefiting from the […]

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April 24, 2020

QLMS remains a refuge of stability for the broker community

QLMS remains a refuge of stability for the broker community. Its rock-solid foundation allows brokers to continue building on their successes from 2019 and early 2020. QLMS has taken the steps needed to ensure its partners are not blindsided by massive changes to VOE or canceled commission because of forbearance. You don’t need to believe lenders […]

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April 15, 2020

A broker’s Superpower is choice

A broker’s Superpower is choice. Brokers thrive by giving their clients options from many lenders. That Superpower has never been more apparent than right now. At a time when some lenders are unfortunately struggling with capacity and cash flow, other lenders are doing well and continue to provide value and liquidity to brokers. In recent years, […]

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April 10, 2020

QLMS just reached another major milestone with 7,000 partners.

QLMS continues its explosive growth. And the mortgage community has noticed. QLMS just reached another major milestone. As of March 25th, 7,000 mortgage brokers, regional banks, and credit unions have chosen to partner with QLMS. It took 7 years for QLMS to reach 1,000 partners. It took another 2 years to get to 2,000 partners. But it only took 18 months […]

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March 27, 2020

Quicken Loan’s new lock policy for approved/CTC loans

I received this opinion note from a small mortgage banker in the West regarding Quicken Loan’s new policy of only locking approved/CTC Loans. “Rob, the big question here is who will be the next retail or wholesale lender to replicate QLMS’s new plan to lock loans once they are CTC (clear to close). Brokers and correspondents […]

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March 25, 2020