Tag Archives: uwm

Mortgage lenders innovate to help homebuyers cope with higher rates

By | | Uncategorized
Comments Off on Mortgage lenders innovate to help homebuyers cope with higher rates

Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down. Continue reading →

Family behind UWM to buy Phoenix Suns and Mercury

By | | Uncategorized
Comments Off on Family behind UWM to buy Phoenix Suns and Mercury

The Suns and Mercury deal, valued at $4 billion, sets the stage for the nation’s largest mortgage lenders, United Wholesale Mortgage and Rocket Mortgage, to be court rivals. Continue reading →

UWM overtakes Rocket Mortgage as biggest US lender after strong Q3

By | | Uncategorized
Comments Off on UWM overtakes Rocket Mortgage as biggest US lender after strong Q3

United Wholesale Mortgage says it’s attracting not only homebuyers, but mortgage originators, by slashing rates and offering the latest technology to build market share. Continue reading →

UWM can rapidly scale new loans that lack title insurance

By | | Uncategorized
Comments Off on UWM can rapidly scale new loans that lack title insurance

The wholesale lender is hiring and training lawyers to generate attorney opinion letters in-house in order to meet what the company expects to be strong demand. Continue reading →

UWM now offering mortgages without lender’s title insurance

By | | Uncategorized
Comments Off on UWM now offering mortgages without lender’s title insurance

The nation’s largest wholesale mortgage lender moves to capitalize on rule changes by mortgage giants Fannie Mae and Freddie Mac aimed at helping borrowers save on their closing costs. Continue reading →

RE/MAX’s Motto Mortgage named a top ‘recession-proof’ opportunity

By | | Uncategorized
Comments Off on RE/MAX’s Motto Mortgage named a top ‘recession-proof’ opportunity

As lenders pivot to serve homebuyers, RE/MAX franchisor’s “mortgage brokerage-in-a-box” also makes a separate list of top franchise opportunities for Black entrepreneurs. Continue reading →

Competition between top mortgage lenders for homebuyers heats up

By | | Uncategorized
Comments Off on Competition between top mortgage lenders for homebuyers heats up

Rocket Mortgage rolls out “Inflation Buster” mortgage, which provides a lower rate for one year, as it battles rival United Wholesale Mortgage for homebuyer market share. Continue reading →

More MSU athletes to plug UWM on social media

By | | Uncategorized
Comments Off on More MSU athletes to plug UWM on social media

The Michigan-based lender’s “name, image and likeness” deal with men’s football and basketball teams has expanded to encompass women’s basketball and volleyball. Continue reading →

Big lenders get a head start, adopt $715,000 conforming loan limit

By | | Uncategorized
Comments Off on Big lenders get a head start, adopt $715,000 conforming loan limit

Moves by Rocket and United Wholesale Mortgage could help borrowers get better rates and make smaller down payments when taking out loans that were previously classified as jumbo. Continue reading →

United Wholesale Mortgage is gunning for retail rivals’ customers

By | | Uncategorized
Comments Off on United Wholesale Mortgage is gunning for retail rivals’ customers

United Wholesale Mortgage, the nation’s biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages. Continue reading →