Tag Archives: United Wholesale Mortgage

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 →

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 →

Credit unions, banks flock to Black Knight’s Empower mortgage LOS

By | | Uncategorized
Comments Off on Credit unions, banks flock to Black Knight’s Empower mortgage LOS

IThink Financial, the eighth credit union to sign up for Empower since December, will use the mortgage loan origination system to provide home loans to more than 100,000 members. 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 →

Study: Homeowners often miffed if lenders outsource servicing

By | | Uncategorized
Comments Off on Study: Homeowners often miffed if lenders outsource servicing

J.D. Power’s annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26 percent higher when mortgages are originated and serviced by the same company. Continue reading →

UWM shares recover after secondary offering postponed

By | | Uncategorized
Comments Off on UWM shares recover after secondary offering postponed

UWM said the secondary offering was intended to benefit shareholders, by making the company “a more liquid, tradable stock for larger indexes and institutional investors.” Continue reading →

More lenders jumping the gun on historic Fannie, Freddie loan limits

By | | Uncategorized
Comments Off on More lenders jumping the gun on historic Fannie, Freddie loan limits

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 →