UWM Upholds Ultimatum & Urges Brokers To Claw Back Loans Sold To Mr. Cooper
The lender plans to reward broker partners with 100 bps to reclaim any UWM loan in their portfolio
The lender plans to reward broker partners with 100 bps to reclaim any UWM loan in their portfolio
Latest rate declines should provide homebuyers ‘a strong incentive to make a move,' Freddie Mac Chief Economist says
Optimal Blue's July 2024 Market Advantage mortgage data report shows a lift in mortgage activity as interest rates dip
Total residential loans drops nearly 20% as just 1.25m loans were originated.
Refinance mortgage originations hit low point this century.
Lender says majority in survey cited high interest rates; offers new product to cover costs of refinancing.