Tagged: United Wholesale Mortgage (UWM)

Of the $2.75 million settlement, nearly $930,000 will go to attorneys fees.

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.'