UWM takes aim at Rocket over layoffs
UWM takes aim at Rocket over layoffs
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Laws in at least a dozen states allow municipalities or investors to acquire valuable property to satisfy tax liens far below the assetβs value, a legal organization said.
Laws in at least a dozen states allow municipalities or investors to acquire valuable property to satisfy tax liens far below the assetβs value, a legal organization said.
UWM originated $33.5 billion in the third quarter, topping rival Rocket Mortgage, which originated $25.6 billion in mortgages.
UWM originated $33.5 billion in the third quarter, topping rival Rocket Mortgage, which originated $25.6 billion in mortgages.
America is in a "full damage control mode" while the Federal Reserve attempts to control inflation, inflicting the mortgage industry with difficult days β and that's when "bad policies have a habit of rearing their ugly head," MBA president and CEO Bob Broeksmit said.
The post MBAβs Broeksmit takes aim at CFPB appeared first on HousingWire.
America is in a "full damage control mode" while the Federal Reserve attempts to control inflation, inflicting the mortgage industry with difficult days β and that's when "bad policies have a habit of rearing their ugly head," MBA president and CEO Bob Broeksmit said.
The post MBAβs Broeksmit takes aim at CFPB appeared first on HousingWire.
When venturing into the world of non-QM and other specialty lending options, itβs important to partner with experts in the field who can provide reliable training, support and solutions. The four companies featured in this section work to empower brokers through this changing market environment while offering products and solutions for every borrowerβs needs.
The post Wholesale Lenders Special Report appeared first on HousingWire.
When venturing into the world of non-QM and other specialty lending options, itβs important to partner with experts in the field who can provide reliable training, support and solutions. The four companies featured in this section work to empower brokers through this changing market environment while offering products and solutions for every borrowerβs needs.
The post Wholesale Lenders Special Report appeared first on HousingWire.
UWM's move follows an announcement on Tuesday from competitor Rocket Pro TPO, which was first out of the gate this year in raising loan limits on agency-eligible properties to $715,000.
The post UWM follows Rocket, hikes conforming loan limits appeared first on HousingWire.
UWM's move follows an announcement on Tuesday from competitor Rocket Pro TPO, which was first out of the gate this year in raising loan limits on agency-eligible properties to $715,000.
The post UWM follows Rocket, hikes conforming loan limits appeared first on HousingWire.
Effective June 30, UWM will price-match loans up to 40 basis points with that of 20 different competitors.
The post UWM takes another step toward a price warΒ Β appeared first on HousingWire.
Effective June 30, UWM will price-match loans up to 40 basis points with that of 20 different competitors.
The post UWM takes another step toward a price warΒ Β appeared first on HousingWire.
Two wholesale lenders are up in arms as a result of charges on loans sold to the government-sponsored enterprises arising from a recession-era idea that those loans are riskier.
The post Homepoint and UWM decry GSE fees on wholesale loans appeared first on HousingWire.
Two wholesale lenders are up in arms as a result of charges on loans sold to the government-sponsored enterprises arising from a recession-era idea that those loans are riskier.
The post Homepoint and UWM decry GSE fees on wholesale loans appeared first on HousingWire.
UWM booked $872M in MSR sales in 2022 through June 30, and notched another $359M in MSR sales so far in Q3.
The post Wholesale behemoth UWM bolstering cash flow with MSR sales appeared first on HousingWire.
UWM booked $872M in MSR sales in 2022 through June 30, and notched another $359M in MSR sales so far in Q3.
The post Wholesale behemoth UWM bolstering cash flow with MSR sales appeared first on HousingWire.
Another lender has confirmed that it will be terminating dozens of employees amid dwindling origination volume.Β North Carolina-based Wyndham Capital Mortgage will cut 48 staff at its main office in Charlotte effective Aug. 1, the company said in a Worker Adjustment and Retraining Notification this week. Of the impacted workers, 38 are hybrid and 10 are fully-remote living outside of the Carolinas, an executive wrote in a letter to the state.A representative for Wyndham didnβt respond to a re...
Another lender has confirmed that it will be terminating dozens of employees amid dwindling origination volume.Β North Carolina-based Wyndham Capital Mortgage will cut 48 staff at its main office in Charlotte effective Aug. 1, the company said in a Worker Adjustment and Retraining Notification this week. Of the impacted workers, 38 are hybrid and 10 are fully-remote living outside of the Carolinas, an executive wrote in a letter to the state.A representative for Wyndham didnβt respond to a re...