The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Source:…
Posts published in “Mat Ishbia”
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…
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. Source:…
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…
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…
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…
United Wholesale Mortgage, the nation’s biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages. Source: Inman…
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.” …
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family. Source: Inman News