Closing will put RoundPoint’s servicing platform and Two Harbors’ MSR operation under CrossCountry, while UWM’s $500 million-plus lawsuit remains unresolved
Tagged: United Wholesale Mortgage (UWM)
Two Harbors disputes UWM’s claims and questions its $603.2 million derivatives loss, while Ishbia says the wholesale lender has never been stronger
Lender alleges Two Harbors undermined their merger and steered the company toward CrossCountry, turning a costly acquisition failure into a federal court fight
Bullseye 90 can be applied to a conventional or government purchase or refinance loan through Sept. 8
Fitch downgraded the wholesale giant after leverage reached 6.1x, saying the preferred investment changes UWM’s funding structure but does not immediately reduce its debt burden
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