Industry Watch: Guaranteed Rate acquires full stake in Premia and more

Industry Watch: Guaranteed Rate acquires full stake in Premia and more

United Wholesale Mortgage announced four new bank-statement loan options, providing additional flexibility for self-employed borrowers working with independent mortgage brokers. The expanded product line offers increased transparency into investor guidelines and borrower qualifications.

Nationwide Property & Appraisal Services (NPAS) acquired competitor Integrity Appraisal Management. As part of the acquisition, Integrity’s employees will become employees of NPAS, with leadership from both organizations working closely during the integration process.

Premia Relocation Mortgage, previously a joint venture between Guaranteed Rate and relocation services firm Sirva, announced a definitive agreement for Guaranteed Rate to acquire full company ownership. Premia, which is based in Michigan, is a specialty lender offering mortgages for employees moving cross-country or internationally.

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