The Association of Independent Mortgage Experts, a trade group representing mortgage brokers, launched a PAC and more than doubled its spending on lobbying in 2022
The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to 'right size' and helped crown a new leader in mortgage lending
Deal that values Suns and Mercury at $4B sets the stage for nation's largest mortgage lenders, United Wholesale Mortgage and Rocket Mortgage, to be court rivals
United Wholesale Mortgage says it's attracting not only homebuyers, but mortgage originators, by slashing rates and offering the latest technology to build market share
The wholesale lender is hiring and training lawyers to generate attorney opinion letters in-house in order to meet what the company expects to be strong demand
The nation's largest wholesale mortgage lender moves to capitalize on rule changes by mortgage giants Fannie Mae and Freddie Mac aimed at helping borrowers save on their closing costs
Rocket Mortgage rolls out 'Inflation Buster' mortgage, which provides a lower rate for 1 year, as it battles rival United Wholesale Mortgage for homebuyer market share
The Michigan-based lender's 'name, image and likeness' deal with men's football and basketball teams has expanded to encompass women's basketball and volleyball
United Wholesale Mortgage, the nation's biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages
Proceeds were to go to a company controlled by Ishbia family, which owns 93.6 percent of United Wholesale Mortgage
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family
Net income down 77% from a year ago, when refinancing boom drove higher profit margins
Nation's biggest mortgage lender growing partnerships with real estate agents, mortgage brokers, banks, and credit unions
United Wholesale Mortgage says it developed automated document recognition and processing capabilities in-house that allow for an initial mortgage approval in minutes
The service, UWM Appraisal Direct, will be optional and mortgage brokers will still have the option to choose from about 100 UWM-approved appraisal management companies