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Episode Six: Navigating Compensation & Trends with Chad Osterhout, VP of UWM Correspondent Lending
Welcome to the Non-Del Influencers Podcast, your ultimate resource for valuable insights and engaging discussions with industry experts in the world of wholesale lending. In this episode, we are thrilled to have Chad Osterhout, the Vice President of UWM Sales & Correspondent Lending at United Wholesale Mortgage (UWM), as our special guest.Tune in as our hosts, Nate and Nick, dive deep into the intricacies of lender compensation and disclosure within the wholesale lending space. With Chad's extensive knowledge and experience at UWM, they provide a comprehensive exploration of this crucial aspect of the mortgage industry.Chad brings a unique perspective to the table as he shares an emerging trend he has noticed within the industry. He reveals that many retail originators are making a significant shift in their careers, opting to go back to being independent brokers or joining non-delegated correspondent partners. This shift reflects the evolving landscape of the mortgage industry and the opportunities that arise for professionals seeking greater independence and control over their business.Join us as we unravel the complexities and nuances of lending from the perspective of a non-delegated correspondent lender. Gain a deeper understanding of the key elements involved in being a non-delegated correspondent lender, and explore the reasons behind the trend of retail originators transitioning to independent brokers or non-delegated correspondent partners.To learn more about United Wholesale Mortgage and their innovative solutions, visit their official website at www.uwm.com. Additionally, for additional resources, episode transcripts, and to connect with other professionals in the mortgage industry, be sure to visit our website at http://www.nondelinfluencerspodcast.com.Don't miss out on the opportunity to stay informed and inspired. Subscribe to the Non-Del Influencers Podcast today and embark on a transformative journey as a non-delegated correspondent lender or independent broker. Unlock the keys to success in the wholesale lending industry with the Non-Del Influencers Podcast, where knowledge meets opportunity.Join the conversation on social media using the hashtags: #nondelegated #nondelegatedlender #warehouslineofcredit #nondelinfluencerspodcast #mortgageloanofficer #mortgagelender #mortgages #lender. Stay ahead of the curve and gain valuable insights from industry experts like Chad Osterhout, as you navigate the changing dynamics of the mortgage industry.