Mortgagestats Names UWM Number One Wholesale Retailer – NMP Skip to main content

Mortgagestats Names UWM Number One Wholesale Retailer

NationalMortgageProfessional.com
Jan 08, 2014

United Wholesale Mortgage (UWM) has become the number one wholesale lender in the country in origination volume as ranked by mortgage industry outlet Mortgagestats.com for the third quarter of 2013. UWM – the wholesale arm of United Shore Financial Services (USFS) – has been growing at a rapid rate over the past several years and has now achieved the top slot for the first time ever with a reported 29 percent increase in originations compared to the third quarter of 2012. “The United Wholesale Mortgage team changed the game from being a commodity-driven model to a business built upon relationships with independent brokers and fueled by world class customer service,” said Mat Ishbia, president of UWM and president/CEO of USFS. “This is a significant milestone that our company can build on going forward, and I remain keenly optimistic about 2014 and our future.” UWM also attributes its success to leading the industry in innovative offerings to champion its broker community, the valued mediators who bring mortgage borrowers and mortgage lenders together. Last year’s releases included the “Flex Term,” a pick-your-term amortization product. The lender leverages leading proprietary technologies which help UWM operate more efficiently and effectively while offering brokers leading web-based tools to help them be more successful.
Published
Jan 08, 2014
Equifax To Tell Lenders Of Potential Errors In Credit Scores

About 12% of customers may have been affected, according to a source.

Industry News
May 27, 2022
Lakeview Loan Servicing Faces Multiple Lawsuits Over Data Breach

At least a dozen civil lawsuits have been filed against the company, all seeking class-action status.

Industry News
May 26, 2022
Homepoint Rolls Out Jumbo ARM Loans

Homepoint's Jumbo ARM is a strategic addition to the company’s expanding jumbo portfolio.

Industry News
May 25, 2022
Planet Home Lending Expands in Oregon

New team in Portland focuses on construction lending in the Northwest.

Career
May 24, 2022
PennyMac Cutting 207 Jobs

A wide variety of positions are affected.

Industry News
May 24, 2022
Loan Officer Charged With Bank Fraud, Identity Theft

If convicted, she faces up to 30 years in federal prison on each bank fraud count and a mandatory consecutive 2 years’ imprisonment.

Industry News
May 24, 2022