Rocket Mortgage and United Wholesale Mortgage — the nation’s top two lenders — and at least five others are raising conforming loan limit to $625,000 ahead of an official FHFA announcement. Continue reading
United Wholesale Mortgage says it developed automated document recognition and processing capabilities in-house that allow for an initial mortgage loan approval in minutes. Continue reading
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
There’s a backstory to Lower that explains why the company believes it can position itself as not just a lender, but “Everything for your home, for Lower.” Continue reading
The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1 million, up 46 percent from a year ago. Continue reading
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
Rocket Mortgage posted its best quarter ever for purchase loan originations during the 3 months ending June 30. Continue reading
Ever since real estate franchising powerhouse RE/MAX decided to apply the company’s expertise to the provision of home loans, its Motto Mortgage business has been capitalizing on its status as the only national franchisor in the mortgage broker channel. Continue reading
Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading
Social media is a great way to gain exposure for your real estate brand as well as the properties you represent and the most effective and least expensive way to connect with potential clients around your community. Continue reading