UWM launches BrokerX program to help train new originators

UWM launches BrokerX program to help train new originators

The country’s largest wholesale lender, United Wholesale Mortgage (UWM), has launched a broker training program that will teach individuals to become licensed mortgage originators.  Dubbed “BrokerX,” the five-week program will provide existing... Read more »
UWM will use AI to tap into refi pools 

UWM will use AI to tap into refi pools 

Michigan-based United Wholesale Mortgage (UWM) has launched proprietary technology that will use artificial intelligence (AI) to send pre-validated refinance opportunities. Dubbed “KEEP,” the system identifies borrowers who can save on their monthly... Read more »
UWM launches BrokerX program to help train new originators

UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

In a message to mortgage brokers, United Wholesale Mortgage (UWM) defended itself from the Hunterbrook Media report that claims the lender orchestrated a scheme to steer loans. The wholesale lender said it’s offering legal support to... Read more »
UWM launches BrokerX program to help train new originators

Premise of the Hunterbrook Media thesis on UWM is ‘misplaced:’ BTIG analysts

United Wholesale Mortgage’s (UWM) revenue margins “don’t stand out like” one would expect if the company was overcharging borrowers, analysts at BTIG said on Monday. The comments follow a Hunterbrook Media report from last week... Read more »
UWM sues Mortgage Solutions and its owner over EPOs, trademark infringement

UWM sues Mortgage Solutions and its owner over EPOs, trademark infringement

United Wholesale Mortgage (UWM) has accused California-based brokerage and correspondent lender Mortgage Solutions FCS, dba Client Direct Mortgage, of breaching its early payoff (EPO) provision and its owner, Ramon Walker, of trademark... Read more »
UWM launches BrokerX program to help train new originators

UWM initiates 100 bps discount for conventional rate-and-term refis 

United Wholesale Mortgage (UWM) announced Wednesday that it’s allowing its broker partners to offer a temporary discount of 100 basis points (bps) for conventional rate-and-term refinances. The discount is valid on new loan... Read more »
UWM launches BrokerX program to help train new originators

UWM sues another broker shop over ‘the ultimatum’

Three years into its controversial ultimatum, United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp.  UWM on Thursday when filed a lawsuit... Read more »
UWM launches BrokerX program to help train new originators

UWM sunsets FindAMortgageBroker.com, rebrands to Mortgage Matchup

Top U.S. mortgage lender United Wholesale Mortgage (UWM) has rebranded its consumer-facing website FindAMortgageBroker.com to Mortgage Matchup. Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate... Read more »
UWM to cover appraisal costs on 1-0 temporary rate buydowns

UWM to cover appraisal costs on 1-0 temporary rate buydowns

Michigan-based United Wholesale Mortgage (UWM) wants to court more brokers by offering no-cost appraisals on 1-0 temporary rate buydowns amid fierce competition in the industry.  The wholesale lender will cover up to... Read more »