United Wholesale Mortgage News

United Wholesale Mortgage Detroitisit / Apr 15, 2021

Welcome to a new episode of Detroit Is THIS, a podcast hosted by Ivana Kalafatic, founder of Detroitisit. The show follows thought leaders, community change agents, makers, innovators, and entrepreneurs as they share their personal and professional stories. Through these conversations, we'll explore opportunities and solutions for the new times we find ourselves in.

https://detroitisit.com/mat-ishbia-ceo-uwm/
Open this page

Detroitisit

Detroitisit

United Wholesale Mortgage Mortgage Professional America / Apr 15, 2021

Mortgage originator Homepoint has announced that Noelle Lipscomb (pictured) is joining its leadership team as chief audit executive. In a statement, Homepoint said that Lipscomb will provide leadership and guidance to its risk-based internal auditing function - overseeing the review, monitoring, and evaluation of the company's financial, operational, and compliance internal controls.

https://www.mpamag.com/news/former-fannie-mae-audit-leader-joins-homepoints-executive-team-252354.aspx
Open this page

Former Fannie Mae audit leader joins Homepoint's executive team

Mortgage Professional America

United Wholesale Mortgage Glenwood Springs Post Independent / Apr 12, 2021

A while back, I received an email from Bill Wright, a retired Realtor and a good friend. He wondered how the mortgage loan process had changed since he had left the business, much of which involved assisting borrowers in finding financing for their home purchases.

https://www.postindependent.com/news/business/bankers-hours-column-how-mortgage-loans-have-changed-over-the-years/
Open this page

Bankers' Hours column: How mortgage loans have changed over the years

Glenwood Springs Post Independent

United Wholesale Mortgage Inman / Apr 8, 2021

Mat Ishbia of United Wholesale Mortgage and Anthony Hsieh of loanDepot joined Rocket's Dan Gilbert on Forbes' list of billionaires after taking their companies public. They are now some of the richest men in the mortgage industry. Forbes released its list of billionaires in 2021, adding several new leaders from the mortgage industry.

https://www.inman.com/2021/04/08/amid-ipo-craze-mortgage-industry-ceos-join-forbes-billionaires-list/
Open this page

Amid IPO craze, mortgage industry CEOs join Forbes’ billionaires list

Inman

United Wholesale Mortgage The Wall Street Journal / Apr 8, 2021

SoftBank Group Corp . is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations. The investment values parent Better Holdco Inc. at about $6 billion, according to people familiar with the matter.

https://www.wsj.com/articles/softbank-to-invest-500-million-in-mortgage-startup-better-11617899907
Open this page

SoftBank to Invest $500 Million in Mortgage Startup Better

The Wall Street Journal

United Wholesale Mortgage mlive.com / Apr 8, 2021

On Aug. 5, 2020, Dan Gilbert was worth an estimated $7.5 billion. On Aug. 20, he was worth $45 billion. Forbes released its annual World Billionaires List this week, noting 86% of the world's wealthiest people are richer than they were a year ago. The world now has 2,755 billionaires, 660 more than last year.

https://www.mlive.com/public-interest/2021/04/2020-was-a-good-year-for-michigan-billionaires-the-richest-gained-45-billion.html
Open this page

2020 was a good year for Michigan billionaires – the richest gained $45 billion

mlive.com

United Wholesale Mortgage HousingWire / Apr 8, 2021

JPMorgan Chase has appointed Bhavesh Patel to lead client management for the bank's correspondent lending channel. As director of client management, Patel will focus on improving the client experience and driving future growth for the business, which is growing at a faster rate than the bank's more traditional retail arm.

https://www.housingwire.com/articles/jpmorgan-chase-adds-exec-to-correspondent-team/
Open this page

JPMorgan Chase adds exec to correspondent team

HousingWire

United Wholesale Mortgage Fitch Ratings / Apr 7, 2021

Fitch Ratings - New York - 07 Apr 2021: Fitch Ratings has assigned a 'B+' final rating to the $700 million 5.5% senior notes due April 2029 issued by United Shore Financial Services, LLC (United Wholesale). Proceeds are expected to be used to pay down the MSR and equipment backed secured facilities and for general corporate purposes.

https://www.fitchratings.com/research/non-bank-financial-institutions/fitch-assigns-b-final-rating-to-united-shore-financial-services-llc-unsecured-notes-07-04-2021
Open this page

Fitch Assigns 'B+' Final Rating to United Shore Financial Services, LLC's Unsecured Notes

Fitch Ratings

United Wholesale Mortgage The Jewish News / Apr 7, 2021

Growing up in Birmingham, Mat Ishbia made his mark as a standout on the Seaholm Maples high school basketball team from 1995 to 1998 - his scrappiness and grit more than compensating for his modest 5'9" height.

https://thejewishnews.com/2021/04/07/mat-ishbias-hot-hand-from-a-motivated-basketball-competitor-to-a-mortgage-industry-giant/
Open this page

Mat Ishbia's Hot Hand: From a Motivated Basketball Competitor to a Mortgage Industry Giant — The Jewish News

The Jewish News

United Wholesale Mortgage Barron's / Apr 6, 2021

The hottest market in history for special-purpose acquisition companies, or SPACs, has slowed down markedly in recent weeks. That's being felt both in the relative dearth of new SPACs filing to go public and in the stock-price performance of already listed SPACs. The pullback has opened up numerous arbitrage opportunities for yield-seeking investors.

https://www.barrons.com/articles/a-risk-free-way-to-profit-from-spacs-51617657934
Open this page

As SPAC Boom Ends, Bargains Are Created. How to Take Advantage.

Barron's

United Wholesale Mortgage Mortgage Professional America / Apr 5, 2021

Finance of America Mortgage (FoAM) went public today following the completion of its merger with special purpose acquisition company (SPAC) Replay Acquisition Corp. The Blackstone-controlled company, which ranks 26th on Inside Mortgage's list of top residential lenders, has started trading on the New York Stock Exchange under the symbol "FOA."

https://www.mpamag.com/news/finance-of-america-mortgage-closes-1-9-billion-spac-merger-251313.aspx
Open this page

Finance of America Mortgage closes $1.9 billion SPAC merger

Mortgage Professional America

United Wholesale Mortgage Patch.com / Apr 5, 2021

OAKLAND COUNTY, MI - Oakland County has opened a new, large-scale COVID-19 vaccination site at the UWM Sports Complex in Pontiac where county officials expect to vaccinate between 1,000 and 3,000 residents each day. The opening of the site was announced Friday by Oakland County Dave Coulter, Michigan Gov.

https://patch.com/michigan/troy/oakland-county-opens-covid-19-vaccine-site-uwm-sports-complex
Open this page

Oakland County Opens COVID-19 Vaccine Site At UWM Sports Complex

Patch.com

United Wholesale Mortgage Galveston County Daily News / Apr 5, 2021

PHILADELPHIA--(BUSINESS WIRE)--Apr 5, 2021-- The Association of Independent Mortgage Experts (AIME) salutes the achievements of the wholesale mortgage channel with its second annual AIME Broker Rankings. The Rankings recognize the top-producing and most accomplished independent mortgage brokers and brokerages in the wholesale channel, which are often overlooked in traditional industry rankings.

https://www.galvnews.com/news_ap/business/article_f91c3653-09f9-555b-af6d-867ae52451b3.html
Open this page

Association of Independent Mortgage Experts Awards Its 2nd Annual AIME Broker Rankings

Galveston County Daily News

United Wholesale Mortgage Mortgage Professional America / Apr 5, 2021

Rocket Pro TPO and Paretta Autosport have inked a sponsorship deal that puts the spotlight on women leaders in the mortgage and racing industries. The lender said that it will be the primary sponsor of the first-ever entrant in the Indianapolis 500 that is female-owned, female-driven, and predominantly female crewed.

https://www.mpamag.com/commercial/rocket-pro-tpo-to-sponsor-first-female-indycar-team-251266.aspx
Open this page

Rocket Pro TPO to sponsor first female IndyCar team

Mortgage Professional America

United Wholesale Mortgage InvestorPlace / Apr 4, 2021

Although I live in Michigan, I'll admit to not being familiar with UWM Holdings (NYSE:) prior to this article. And yet UWMC stock went public as one of the largest SPACs in a 12-month period that has seen a record number of SPACs. However, I'm familiar with them now.

https://investorplace.com/2021/04/uwmc-stock-requires-more-than-agreement-with-mortgage-brokers/
Open this page

UWM Holding May Win a Broker Battle With Rocket That’s Not Worth Fighting

InvestorPlace

United Wholesale Mortgage HousingWire / Apr 3, 2021

Finance of America on Monday will become the latest lender to make its debut on the New York Stock Exchange. The lender, which is controlled by the Blackstone Group and operates through retail, wholesale and correspondent channels, will begin trading Monday following the completion of its merger with blank-check company Replay Acquisition Corp.

https://www.housingwire.com/articles/finance-of-america-to-go-public-before-ipo-window-closes/
Open this page

Finance of America to go public before IPO window closes

HousingWire

Prev 01 02 03 04 05 Next