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The structured-finance data provider’s first employee succeeds Rahbar following more than a decade with the company
Fitch downgraded the wholesale giant after leverage reached 6.1x, saying the preferred investment changes UWM’s funding structure but does not immediately reduce its debt burden
New hires from Onslow Bay Financial, Better Mortgage, and Sharestates join sales and operations teams
Fitch ratings reports increased delinquency rates across non-qualified mortgage loans
“We do not need to be in a hurry to adjust our policy stance,” Powell told reporters at Wednesday's press conference
Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.