UWM’s profits grow in Q3 as margins improve, volumes decline

UWM’s profits grow in Q3 as margins improve, volumes decline

UWM Holdings Corporation, the parent of United Wholesale Mortgage (UWM), produced lower mortgage origination volume in the third quarter of 2023 than the previous quarter – and more declines are expected to come. But... Read more »
AI could improve racial equity in homeownership, but there’s work to be done

AI could improve racial equity in homeownership, but there’s work to be done

The use of artificial intelligence (AI) is poised to grow amid higher origination costs and greater competition, but without correcting the underlying causes of bias in data, AI models can embed racial... Read more »