Tagged: United Wholesale Mortgage (UWM)

The total represents an increase of about $213 million over the previous quarter, but is about $407 million less than the first quarter of 2021.

Fires at Rocket in LinkedIn post calling staff reductions ‘disgusting.’

Lender introduces Investor Flex, a debt-service coverage ratio (DSCR) allowing borrowers to use prospective income to qualify for loans on investment properties.

UWM said bank statement loans available only for self-employed borrowers seeking up to $3 million and with up to 90% loan-to-value ratio with no mortgage insurance required.

Fourth-quarter revenue was off by nearly two-thirds

'There’s this myth going around that we signed the ultimatum as soon as it came out, but that’s a complete fabrication.'

Net income down more than half from 2020

Brokerage fires back at UWM with a countersuit while the lender sues two more broker partners.

One analyst predicts a great fourth quarter, but annual earnings could tell a different story.