UWM CEO Ishbia says the declining fair value of MSRs had an impact
Tagged: United Wholesale Mortgage (UWM)
The suit was dismissed by a Florida judge in late September
Plaintiffs' late August filing of an amended complaint means UWM must file a new motion to dismiss if it wishes to proceed with having the case thrown out.
Dan Gilbert and Mat Ishbia were numbers 27 and 65 on Forbes' list, respectively.
The wholesale lender still faces charges of racketeering, civil conspiracy, and RESPA violations stemming from a separate ultimatum-inspired class action lawsuit, filed in April.
The wholesaler launches an AI-driven system, KEEP, that identifies borrowers in need of a refinance
Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.
Refi75 provides broker-partners 75 basis points for each eligible transaction
A new study found brokers save consumers $10K+ compared to retail lenders