By Richard Bitner

As I recently listened to Neil Young proclaim in his classic song that “Rock-n-Roll will never die,” I couldn’t help but wonder about wholesale lending.

Although there’s a good chance Neil doesn’t know the difference between a yield spread premium and a prepayment penalty, the same way his career was at a critical point when the song was released, wholesale lending finds itself at a similar crossroad.

Having evolved from being a relatively obscure segment of the business to a driving force for the industry, you have to wonder what the broker will look like years from now. Is it even possible that wholesale lending will cease to exist? Read More