UWM Offers A Match To Light The Refi Boom
Refi75 provides broker-partners 75 basis points for each eligible transaction
Refi75 provides broker-partners 75 basis points for each eligible transaction
A new study found brokers save consumers $10K+ compared to retail lenders
Net incomeĀ dropped from Q1 2024's $180.5 million.
UWM's purchase volume saw a 7% increase from last quarter and a 15% increase YOY.
A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.
In a statement released on LinkedIn on Tuesday, UWM also offered legal support for its partners.
UWM CEO Claims Rocket is behind the attack; Rocket denies the allegation
Plaintiffs claim that UWM cheated hundreds of thousands of borrowers out of billions of dollars.
UWM's move comes amid rising credit report charges, providing relief to LOs.