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United Wholesale Mortgage News


Michigan Billionaire Matt Ishbia Sees Pay Increase While Other UWM Executives' Salaries Drop Deadline Detroit
Michigan Billionaire Matt Ishbia Sees Pay Increase While Other UWM Executives' Salaries Drop
National Mortgage Professional Magazine

Ahead of its first quarter earnings report being released tomorrow, Fannie Mae has announced its Guaranty Book of Business increased at a compound annualized rate of 9.7% in March. Year-to-date earnings are up 7.7%. The last time Fannie Mae saw growth like this was in August 2021 when it posted simi…
Fannie Mae Reports 9.7% Increase In Book of Business
National Mortgage Professional Magazine

The following deeds of trust were recorded with the Pitt County Register of Deeds from March 17-23:
May 2 Deeds of Trust | Business | reflector.com
National Mortgage Professional Magazine

Tai Christensen, director of government affairs and diversity, equity, and inclusion (DEI) officer for CBC Mortgage Agency, has been named chair of the American Mortgage Diversity Council (AMDC). She succeeds outgoing chair Lola Oyewole, who will lead the Dallas-based organization’s efforts to promo…
Christensen Picked To Chair American Mortgage Diversity Council
National Mortgage Professional Magazine

New Jersey, United States - The latest research report provides a complete assessment of the Mortgag

When United Wholesale Mortgage, the Big Kahuna of originations, decided early this year that it was pushing forward into the Non-QM lending market, it was the biggest single indicator yet that lenders and LOs are looking to non-traditional mortgages to make up for a huge decline in traditional volum…
National Mortgage News

Also, Gateless promotes its own to chief technology officer, Panorama Mortgage Group announces new brand, Lower appoints its first CFO and more.
Newrez, Xactus, CoreVest make leadership moves
National Mortgage News

Mortgage mogul Mat Ishbia’s ultimatum to brokers who do business with his company is going to get its day — or days — in court.More than a year ago, Ishbia made independent brokers choose between working with his United Wholesale Mortgage LLC or two of its biggest competitors,…
UWM strikes back at mortgage brokers who disregarded 'All-In' agreement
Ripon College Days

Similar to the auto industry, the mortgage industry is a cyclical business and local national players are feeling the effects of a recent downturn.
Mortgage industry layoffs, buyouts ramping up in metro Detroit
Ripon College Days

New Jersey, United States - The study is a professional and comprehensive assessment of the Mor

Advance Market Analytics published a new research publication on “Mortgage Broker Market Insights, to 2027” with 232 pages and enriched with

New Jersey, United States - This Mortgage Brokerage Services Market report has segmented the ma

Wall Street brokerages expect UWM Holdings Co. (NYSE:UWMC – Get Rating) to announce $526.47 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for UWM’s earnings, with estimates ranging from $428.70 million to $661.00 million. UWM…

Global Residential Mortgage Loan Market from 2022 to 2028 was recently published by MRInsights.biz,

New Jersey, United States - The Mortgage Lender Market report is the ultimate tool to help indu

Equities researchers at BTIG Research assumed coverage on shares of UWM (NYSE:UWMC – Get Rating) in a note issued to investors on Wednesday, The Fly reports. The brokerage set a “neutral” rating on the stock. Other equities analysts have also recently issued reports about the company. The Goldman Sa…
UWM (NYSE:UWMC) Coverage Initiated at BTIG Research
Defense World

Also: delinquencies set new record, Fed’s Powell supports CRA for nonbanks and dispute over New Residential default servicers resolved.

United Wholesale Mortgage set off a brawl in the press when it forbade brokers from doing business with Rocket and Fairway. As a small group of brokers pursue legal action over the ultimatum, experts weigh in on whether the spat is benefitting the wholesale channel.
Is the Rocket, United Wholesale Mortgage spat hurting brokers?
National Mortgage News


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