Like many mortgage professionals, Vipul Hapani can see the wave of industry consolidation forming on the horizon and knows it is only a matter of time before it reaches his shores. As the broker-owner of Waxhaw, North Carolina-based Vema Mortgage—the third-largest brokerage originator in the U.S. in 2025, according to HousingWire Mortgage Rankings—Hapani hasn’t yet felt a direct, measurable impact from the deals forging mega-players in real esta…
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