Tag Archives: Mat Ishbia

United Wholesale Mortgage to launch in-house appraisal capability

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The service, UWM Appraisal Direct, is optional and mortgage brokers will still have the option to choose from roughly 100 UWM-approved appraisal management companies. Continue reading →

United Wholesale Mortgage purchase loan business up 288%

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UWM CEO Mat Ishbia emphasized the dramatic growth in purchase loan volume, saying the company’s relationships with mortgage brokers will help it stay profitable as mortgage rates increase and refinancings dry up. Continue reading →

The Inman Handbook on real estate’s biggest rivalries

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Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman’s unpacking all of them. Continue reading →

Lawsuit accuses United Wholesale Mortgage of antitrust violations

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A Florida mortgage broker alleges UWM is violating the law by refusing to do business with brokers who send loan applications to Rocket Mortgage or Fairway Independent Mortgage. Continue reading →

Amid IPO craze, mortgage industry CEOs join Forbes’ billionaires list

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Mat Ishbia of United Wholesale Mortgage and Anthony Hsieh of loanDepot joined Rocket’s Dan Gilbert on Forbes’ list of billionaires after taking their companies public. They are now some of the richest men in the mortgage industry. Continue reading →

Why mortgage brokers are our industry’s Cinderella story

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After the housing market crash of 2008, mortgage brokers’ market share dropped to less than 10 percent. Today, their market share is back up to 17 percent — the highest it’s been in almost a decade. A lot of hard work has gone into this upward climb, a… Continue reading →