The wholesale lender is raising $2.05 billion and suspending its dividend after the transaction contributed to a sharp quarterly loss and exposed balance-sheet pressure
UWM argues Refi75 was permissible mass advertising
Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,
Three new offerings broaden eligibility, increase financing flexibility, and give mortgage brokers more ways to serve physicians, nurses, and other medical professionals
Limited-time offer reduces lender-paid buydowns to 25 basis points through August 31
The shareholder meeting has now been adjourned four times since May as CrossCountry seeks additional support for its $12-per-share acquisition
With Two Harbors shareholders set to vote June 23, UWM is again urging investors to reject CrossCountry's acquisition while the REIT argues UWM has failed to submit a revised proposal
New offering provides up to 100% financing with no mortgage insurance for eligible healthcare professionals
MSR-focused REIT says it will continue regular dividends through closing as the proposed sale advances following UWM's decision not to submit a revised bid
The complaint alleges former employees secretly funneled borrower information and loan opportunities to EMC and UWM