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.
Tagged: United Wholesale Mortgage (UWM)
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.
UWM filed a lawsuit against America’s MoneyLine, alleging that the high-volume California-based brokerage owes UWM $2.8 million after repeatedly violating the “All-In” Initiative.
Revenue, earnings per share beat analyst expectations
New product offers LTV up to 89.99% and no Mortgage Insurance required
Says UWM Wants To Be 1st U.S. Mortgage Company To Do It