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.” …
Posts published in “United Wholesale Mortgage”
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family. Source: Inman News
Net income down 77 percent from a year ago, when refinancing boom drove higher profit margins. Source: Inman News
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…
Surefire CRM lets mortgage brokers grab white-labeled marketing collateral they can customize with their own branding. Source: Inman News
Lenders are betting that home prices continued to skyrocket during the third quarter and that they’ll be able to sell the bigger loans to Fannie…
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…
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…
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…
United Wholesale Mortgage CEO Mat Ishbia shares what his life was like growing up, and how he became one of the wealthiest mortgage executives in…