“United Wholesale Mortgage is a big supporter and advocate of independent mortgage brokers and NAMB,” said Fred Kreger, president of NAMB. “We value their partnership, and this Double Diamond Industry Partnership, NAMB’s highest level of sponsorship, will help the association deliver more resources and platforms to our mortgage broker members so they can most effectively grow market share.”
UWM, the nation’s top lender for the past two years, also committed $500,000 to NAMB in 2016 to help the association launch its new KickStart program and become a founding sponsor of the program. NAMB KickStart is an initiative aimed at helping entrepreneurial-minded loan originators defray some of the costs of opening their own independent mortgage broker shops by providing approved applicants grants in amounts up to $10,000.
“Our partnership with NAMB and KickStart, along with all of our efforts to streamline the loan process, have been designed to accelerate the success of mortgage brokers nationwide and educate borrowers on why brokers are the best option,” said Mat Ishbia, president and CEO of UWM. “It’s an honor to have this prestigious partnership with NAMB.”
Layoffs related to the closing of its Zillow Offers ibuying unit.
Zillow Group Inc. informed the state of Texas earlier this month that it will lay off a total of 55 workers at its facility in Coppell, Texas, as it winds down its Zillow Offers ibuying business.
In a Worker Adjustment and Retraining Notification (WARN) Act notice filed wit...
House prices are now 52.9% above the housing boom peak in 2006.
Real house prices increased nearly 45.6% from last year, accelerating faster than any other point in the 30-year history of the First American Real House Price Index (RHPI).
That's the latest finding in the April 2022 RHPI, released today by First American Financial Corp. ...