The 30+AC0-year fixed+AC0-rate mortgage+//0Awv/9AKA-(FRM) averaged 3.97 percent with an average 0.5 point for the week ending+//0Awv/9AKA-Oct. 16

Oct 21, 2014

By National Mortgage Professional

the 15+AC0-year FRM averaged 3.33 percent.+//0Awv/9AKA-

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Oct 21, 2014

C-Suite Strategies

New CEO, COO For American Financial Resources

AFR promotes Robert Pieklo to chief executive officer and Michael Brenning to chief operating officer

National mortgage lender American Financial Resources (AFR) announced yesterday it has promoted Robert Pieklo to CEO and Michael Brenning to COO, effective immediately. Pieklo, who was appointed COO following AFR's acquisition in February 2024, has been “instrumental” in ...

Courts

Ohio Sues United Wholesale Mortgage Over Broker "Scheme"

Lawsuit alleges lender steered borrowers into higher-cost loans through deceptive broker relationships

Ohio Attorney General Dave Yost has filed a lawsuit against United Wholesale Mortgage (UWM), alleging the Michigan-based lender misled borrowers by misrepresenting the independence of mortgage brokers. The complaint, filed in Montgomery County Common Pleas Court, claims U...