Fannie, Freddie loan limits set for record 50-year leap in 2022

Lenders are betting that home prices kept skyrocketing during the third quarter, and that they’ll be able to sell the bigger loans to Fannie and Freddie once the conforming loan limit officially goes up on Jan. 1. Continue reading

United Wholesale Mortgage purchase loan business up 288%

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

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

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

Keep your eye on these top 10 purchase lenders this year

Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Continue reading

These are the mortgage lenders that dominated refinances in 2020

Mortgage lenders saw record volume in 2020, with refinances leading the way. Here are the top lenders that dominated refinances last year. Continue reading

The top 10 independent mortgage brokers gaining market share

Mortgage brokers claimed more than 20 percent of market share for the first time in over a decade this January, and these 10 companies are leading the charge, according to rankings published by the Association of Independent Mortgage Experts. Continue reading

Here are the top 10 mortgage lenders for 2020

The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from the previous year. Continue reading