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GO Mortgage expands by launching TPO channel

GO Mortgage has launched a third-party origination (TPO) channel built on a new wholesale platform, the company announced Tuesday. Leading the effort is Rob Saunders, who was named executive vice president of TPO production.

“We didn’t build this to compete with what’s out there,” GO Mortgage CEO Jay Promisco said in a statement. “We built it to replace it. Most TPO platforms today are stitched together from years of patches, exceptions and outdated technology. That creates friction, drives up cost and ultimately hurts brokers.”

The Tampa-based lender said the channel is built on an API-driven architecture that details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com

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