United Wholesale Mortgage National Mortgage News / Mar 19, 2021
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United Wholesale Mortgage Crain's Detroit Business / Mar 19, 2021
The long wait for a COVID-19 vaccine is almost over for Michigan residents who want the shot that public health experts say is vital to ending the pandemic.The proverbial floodgates are about to open on April 5 when any resident over age 16 become eligible to officially get in line for a vaccine...
Where to find COVID vaccine appointments in Michigan
Crain's Detroit Business
United Wholesale Mortgage KSU | The Sentinel Newspaper / Mar 19, 2021
The Mortgage Brokerage Services market research evaluates the global market landscape and provides a comprehensive account of the current as well as the futuristic scenario of the market in terms of major and minor market dynamics.
KSU | The Sentinel Newspaper
United Wholesale Mortgage Business Insider / Mar 19, 2021
Ex-Russian minister Denis Sverdlov is set to profit massively from his firm Arrival's merger with a SPAC. The electric-vehicle maker is worth about $15.3 billion, in a sign of lofty valuations in green tech. Shareholders in the CIIG Merger SPAC will vote on the Arrival deal on Friday.
United Wholesale Mortgage Crain's Detroit Business / Mar 17, 2021
The specific economic outcome of a feud between two Southeast Michigan mortgage lenders remains unclear, but officials with both United Wholesale Mortgage Corp. and Rocket Mortgage were claiming victory Wednesday. Pontiac-based UWM earlier this month gave an ultimatum that brokers must halt doing...
Both UWM and Rocket Mortgage claim victory as brokers choose sides
Crain's Detroit Business
United Wholesale Mortgage HousingWire / Mar 17, 2021
In concert with its ultimatum to brokers that they not use Rocket Pro TPO and Fairway Independent Mortgage, United Wholesale Mortgage on Wednesday officially released a new jumbo product. The Pontiac, Michigan-based wholesale lender, which discontinued jumbo products at the onset of the pandemic, is offering its mortgage broker partners a jumbo product that goes up to $2 million, with a loan-to-value ratio of up to 89.99%.
UWM releases jumbo product to frazzled brokers
HousingWire
United Wholesale Mortgage National Mortgage News / Mar 15, 2021
Innovation. Disruption. Value. CEO concerns about product development or process improvement, and the timeless "thinking-out-of-the-box" are bullet points in every C-suite Powerpoint. And rightly so. As Peter Drucker said, business has only two basic functions: marketing and innovation. The competitive spirit that innovation inspires is how brands remain on top and how start-up, disintermediating companies dethrone leaders.
Opinion: UWM's anti-competitive practices threaten innovation in mortgage
National Mortgage News
United Wholesale Mortgage Crain's Detroit Business / Mar 14, 2021
The line in the sand for the booming mortgage sector has been drawn by Mat Ishbia, but for some in the industry, the decision of which side to take is fraught. Ishbia, the president and CEO of United Wholesale Mortgage Corp. in Pontiac, the nation's largest wholesale lender and fourth-largest...
Battle between Rocket, UWM rattles brokers, but competitors see an opportunity in skirmish
Crain's Detroit Business
United Wholesale Mortgage Crain's Detroit Business / Mar 14, 2021
A mall parking lot transformed into hundreds of apartments and offices. A former newspaper building converted to a luxury car dealership. An indoor soccer arena housing mortgage employees. The development business is fickle and subject to a raft of external factors: materials costs on any given day, market demand, availability of labor, zoning, community reaction, financing and, in some cases, public votes or the moods of planning commissioners or zoning boards.
Developers find creative new uses for tired, underutilized Metro Detroit sites
Crain's Detroit Business
United Wholesale Mortgage Business Insider / Mar 14, 2021
Since last week, most mortgage and refinance rates have gone up - though rates remain at all-time lows overall. You may want to secure a low rate on a fixed-rate mortgage soon, provided you have a handle on your finances.
Today's mortgage and refinance rates: March 14, 2021 | Rates go up
Business Insider
United Wholesale Mortgage National Mortgage News / Mar 12, 2021
Also: Fannie sets early limits, servicing retention rates fade to record lows and loan broker inquiries rise as competition heats up.
Rocket fires back, UWM boycotts, mortgage's 7th-inning stretch and all the week's top news
National Mortgage News
United Wholesale Mortgage The Detroit News / Mar 12, 2021
Michigan State University men's basketball team will soon be known as "MSU Spartans Presented by Rocket Mortgage" after a new five-year sponsorship deal with the Detroit-based mortgage lender was unveiled Thursday. The financial terms of the sponsorship were not disclosed, but the name involving the Rocket Companies Inc.
Rocket Mortgage sponsorship gives MSU men's basketball a new name
The Detroit News
United Wholesale Mortgage Business Insider / Mar 12, 2021
Since last week, almost all mortgage and refinance rates have increased. However, rates remain at all-time lows overall. You might think about securing a low rate on a fixed-rate mortgage shortly, given you have a handle on your finances. Mat Ishbia, CEO of United Wholesale Mortgage, told Insider that fixed-rate mortgages are likely a better deal than adjustable-rate mortgages right now.
Today's mortgage and refinance rates: March 12, 2021 | Rates up
Business Insider
United Wholesale Mortgage Mortgage News Daily / Mar 12, 2021
A year ago... remember when you couldn't find toilet paper for sale? Now you can't find a house for sale. But there are plenty of Agency MBS and other debt for sale. Just as borrowers are lowering their debt load by refinancing their home loans...
United Wholesale Mortgage National Mortgage Professional Magazine / Mar 11, 2021
United Wholesale Mortgage reported that some large broker shops across the country have signed the UWM all-in addendum representing over 90% of broker shops who will no longer work with Rocket Mortgage and Fairway Independent Mortgage Corporation, exactly one week after the
UWM: Larger Broker Shops Already Signed The Addendum
National Mortgage Professional Magazine
United Wholesale Mortgage dbusiness.com / Mar 11, 2021
United Wholesale Mortgage (UWM), based in Pontiac, announced Desmond P. Smith as thecompany's chief growth officer. Smith most recently served as senior vice president, chiefcustomer officer for Single Family Business at Fannie Mae. In his newly formed role at UWM, Smith will focus on ways to advance and grow the mortgage broker channel.
dbusiness.com
United Wholesale Mortgage The Detroit News / Mar 11, 2021
Home Point Capital Inc. on Thursday said it has seen an increase in inquiries from brokers about working with the Ann Arbor-based mortgage lender since crosstown rival United Wholesale Mortage Holdings Corp. last week announced it would no longer work with brokers continuing doing business with Rocket Companies Inc.
United Wholesale Mortgage HousingWire / Mar 11, 2021
For all that executives of Homepoint did say on Thursday's earnings call, it was what they wouldn't discuss that drew the most attention. A week after United Wholesale Mortgage threw a bomb into the wholesale channel by issuing an ultimatum to brokers that has divided the community, Willie Newman, the CEO of Home Point Capital, the parent company of wholesale lender Homepoint, didn't want to get into it.
United Wholesale Mortgage The Detroit News / Mar 11, 2021
Michigan State University men's basketball team will soon be known as "MSU Spartans Presented by Rocket Mortgage" after a new five-year sponsorship deal with the Detroit-based mortgage lender was unveiled Thursday. The financial terms of the sponsorship were not disclosed, but the name involving the Rocket Companies Inc.
Rocket Mortgage sponsorship gives MSU men's basketball a new name
The Detroit News
United Wholesale Mortgage Yahoo News / Mar 11, 2021
