Ward Morrison will step down in June but serve as a consultant until the end of the year. He has helmed Motto Mortgage since 2016
In a break with the past, most new franchisees signing up for Motto's 'mortgage brokerage-in-a-box' solution are real estate brokerages and teams that aren't affiliated with RE/MAX
United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren't shopping around for best deals. UWM dismissed a related lawsuit as 'a sham'
The acquisition of wemlo, a startup that provides third-party mortgage loan processing services, is an investment in the company's rapidly growing Motto Mortgage franchise business
Offering could help Opendoor lower holding costs, generate new revenue
Credit scores are used as a predictor in several areas of lending
CFPB’s enforcement action is more fallout from its $35M penalty against Wells Fargo, JPMorgan Chase in January