In Brief: GE Capital's Loan Site Has Wholesale Lenders

GE Capital launched a new mortgage site this week, featuring lenders for mortgage brokers.

Wholesale lenders -- including: Interfirst, a division of ABN Amro Mortgage Group; Norwest Mortgage; and GE Capital Mortgage Services -- are to participate in the test, which was announced Monday.

Lenders connecting to the site through the GHR Systems platform can use their own proprietary automated underwriting systems, Fannie Mae's Desktop Underwriter, or Freddie Mac's Loan Prospector.

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