United Wholesale Mortgage’s parent company plans to sell between $70 billion and $80 billion in mortgage servicing rights during the fourth quarter, a sweeping portfolio reduction intended to raise more than $1.8 billion for debt repayment as mortgage...
Two Harbors Investment Corp. has turned United Wholesale Mortgage’s lawsuit over their failed merger back on the lender, filing counterclaims that seek the return of a $25.4 million termination fee and accuse UWM of withholding material information about its...
United Wholesale Mortgage is expanding the role of its underwriters in a new program that puts processing, underwriting and borrower communication under the same person handling the loan file.UWM announced Underwriting+ Wednesday, saying the program is designed to...
United Wholesale Mortgage has replaced its InTouch mobile app with a new ChatUWM mobile experience, extending the wholesale lender’s artificial-intelligence platform to brokers’ phones and adding voice access to pipeline information. UWM announced the app Thursday,...
UWM Holdings Corporation has set the terms for a rights offering of 200 million Class A shares, moving forward with a plan designed to raise at least $400 million as the parent of United Wholesale Mortgage continues a broader balance-sheet overhaul announced last...