More MSU athletes to plug UWM on social media
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
by Matt Carter Sep 8
Homeowners often miffed if lenders outsource servicing: Study
J.D. Power's annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26% higher when mortgages are originated and serviced by the same company
by Matt Carter Jul 28
United Wholesale Mortgage sees erosion in profit margins firming
The nation's largest wholesale mortgage lender released Q4 and full 2021 earnings Tuesday, revealing it originated a record $226.5B in mortgages last year, up 24% from 2020
by Matt Carter Mar 2
The biggest mortgage, lending and housing finance stories of 2021
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
by Matt Carter Dec 29
UWM shares recover after secondary offering postponed
Proceeds were to go to a company controlled by Ishbia family, which owns 93.6 percent of United Wholesale Mortgage
by Matt Carter Nov 22
UWM shares hit all-time low on news of secondary offering
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family
by Matt Carter Nov 17
UWM posts record mortgage volume, but Q3 profits sag
Net income down 77% from a year ago, when refinancing boom drove higher profit margins
by Matt Carter Nov 9
More lenders jumping the gun on historic Fannie, Freddie loan limits
Rocket Mortgage and United Wholesale Mortgage — the nation's top 2 lenders — and at least 6 others are raising conforming loan limit to $625K ahead of FHFA announcement
by Matt Carter Oct 13
Black Knight rolls out new marketing tools for mortgage brokers
Surefire CRM lets brokers grab white-labeled marketing collateral they can customize with their own branding
by Matt Carter Oct 8
Fannie, Freddie loan limits set for record 50-year leap in 2022
Lenders are betting home prices kept rising in third quarter, and that they'll be able to sell bigger loans to Fannie and Freddie once conforming loan limit officially goes up on Jan. 1
by Matt Carter Oct 5
United Wholesale Mortgage purchase loan business up 288%
CEO Mat Ishbia champions mortgage brokers as key to future growth
by Matt Carter Aug 16
The Inman Handbook on real estate's biggest rivalries
Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman's unpacking all of them
by Jim Dalrymple II May 21
Lawsuit accuses United Wholesale Mortgage of antitrust violations
A Florida mortgage broker alleges UWM is violating the law by refusing to do business with brokers who send loan applications to Rocket Mortgage or Fairway Independent Mortgage
by Matt Carter Apr 28
Mat Ishbia and his journey to the top of the mortgage profession
United Wholesale Mortgage CEO Mat Ishbia shares what his life was like growing up, and how he became one of the wealthiest mortgage executives in the US
by Kelsey Ramírez Apr 26
Keep your eye on these top 10 purchase lenders this year
The lenders who took the most market share in purchase mortgages in 2020 are best prepared to dominate lending in 2021
by Kelsey Ramírez Apr 14