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But UWM says the provision is designed to protect against a broker double-locking the loan and is used by other lenders.
March 24 -
The acquired platform, while remaining stand-alone, will have integrations with Black Knight's Empower loan origination system for mortgage lenders.
March 17 -
United Wholesale Mortgage's new rule, which forbids brokers from doing deals with two competitors, has brought extra attention to its smaller rival.
March 15 -
Mortgage brokers are telling the company that they "are looking for another large source," according to President and CEO Willie Newman.
March 11 -
Rocket Pro TPO EVP Austin Niemiec calls this the start of the slippery slope, but UWM's Mat Ishbia responds he isn't being aggressive
March 9 -
But the move could have legal repercussions from a competitive standpoint.
March 4 -
The expansion of borrower data collected in the new URLA upends an industry standard and lenders are experiencing some growing pains.
March 3 -
The mortgage brokerage franchisor added 30 operating offices and had its best year yet for unit sales.
February 26 -
2020’s mortgage employment numbers proved to be slightly higher than previously estimated when reconciled with the Bureau of Labor Statistics’ annual business census.
February 5 -
The move to a remote work model is a long-term, technology-driven transformation, which was well underway prior to the pandemic and will continue long after the pandemic, Matthew VanFossen and Taylor Stork, members of the Community Home Lenders Association, argue.
January 15Absolute Home Mortgage