Mortgage brokers

United Wholesale Mortgage's new rule, which forbids brokers from doing deals with two competitors, has brought extra attention to its smaller rival.

Mortgage brokers are telling the company that they "are looking for another large source," according to President and CEO Willie Newman.

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

But the move could have legal repercussions from a competitive standpoint.

The expansion of borrower data collected in the new URLA upends an industry standard and lenders are experiencing some growing pains.

The mortgage brokerage franchisor added 30 operating offices and had its best year yet for unit sales.

2020’s mortgage employment numbers proved to be slightly higher than previously estimated when reconciled with the Bureau of Labor Statistics’ annual business census.

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.

The estimates in the Bureau of Labor Statistics latest numbers were only marginally higher than the previous month, which may reflect more deliberate hiring and a preholiday slowdown.

The survey period runs through Feb. 19, so don't dally!