Tag Archives: United Wholesale Mortgage

Finance of America exiting wholesale, correspondent lending

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The Irving, Texas-based lender is also reportedly in negotiations to sell its retail mortgage division, which employs about 1,000 loan originators nationwide. Continue reading →

UWM can rapidly scale new loans that lack title insurance

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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

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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

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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

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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

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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

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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

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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 →