Rocket Arms Brokers With Bully Shield Vs. UWM
Rocket covers penalties and court fees for brokers who want to get out of United Wholesale Mortgage’s ultimatum contract.
Rocket covers penalties and court fees for brokers who want to get out of United Wholesale Mortgage’s ultimatum contract.
Andrew Hubacker promoted from role as interim principal financial officer.
Adds two settlement agents to the program, allowing LOs to choose among three agents or seek to add their own.
Program now allows LOs to run a single or tri-merge soft credit check to pre-qualify borrowers
New program provides 125 basis points in price enhancements for loan orignators.
AML’s declaration that the ultimatum violated antitrust law survived.
Announcement follows November expansion of program.