Two Harbors disputes UWM’s claims and questions its $603.2 million derivatives loss, while Ishbia says the wholesale lender has never been stronger
Two Harbors Investment Corp. has answered UWM’s more than $500 million lawsuit with a competing account of why their merger failed and who bears responsibility for the financial fallout.In a statement Tuesday, Two Harbors disputed UWM’s breach-of-contract and fraud allegatio...
July sales declined 4.1% as affordability squeezed buyers nationally, builder competition slowed Texas markets, and job insecurity weakened demand in Seattle
U.S. home sales dropped to their lowest level in nearly two years in July, but the national decline conceals a purchase market increasingly being driven by local employment, inventory, and borrower wealth.Closed sales fell 4.1% from June on a seasonally adjusted basis, accor...
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