Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the housing crash and 2007-09 Great Recession, UWM’s zero-down loans have to meet criteria set by mortgage giant Freddie Mac.
Source: Inman News
UWM’s 0-down loans a hit with buyers, worry consumer advocates
Published in Buyers Tools, down payment, down payment assistance, fannie mae, freddie mac, Mat Ishbia, Mortgage, mortgage underwriting, Regulations, Select, United Wholesale Mortgage and uwm
More from Buyers ToolsMore posts in Buyers Tools »
More from down paymentMore posts in down payment »
More from down payment assistanceMore posts in down payment assistance »
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Veterans have been ‘priced out,’ left behind by the housing market
- Heard of a K-shaped economy? You’re living in it now
- How buyer affordability education makes you the go-to agent
More from fannie maeMore posts in fannie mae »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Mortgage giants ‘very close’ to accepting new FICO score
More from freddie macMore posts in freddie mac »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from Mat IshbiaMore posts in Mat Ishbia »
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- Mr. Cooper shareholders approve merger with Rocket Companies
- Mortgage lenders are turning to AI to play in the big leagues
- Defying conventional wisdom, UWM grows mortgage refis
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
More from mortgage underwritingMore posts in mortgage underwriting »
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Backers of rival mortgage credit scores wage public relations war
- Homebuyers get cold feet as mortgage rates rebound from lows
- Fannie Mae and Freddie Mac are not accepting VantageScore 4.0
- New rules for Fannie, Freddie credit scoring are stumping lenders
More from RegulationsMore posts in Regulations »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- ALTA takes aim at seller impersonation fraud: What to know
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
More from United Wholesale MortgageMore posts in United Wholesale Mortgage »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- Rocket Companies closes Mr. Cooper acquisition
- Better shares soar on bullish thesis by activist investor Eric Jackson
More from uwmMore posts in uwm »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- Lenders getting a jump on higher 2026 conforming loan limits
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
Be First to Comment