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...
The Rocket Mortgage division of Rocket Companies (NYSE: RKT) has filed a lawsuit against United Wholesale Mortgage (NYSE: UWMC) claiming it breached the non-solicitation agreements linked to the sale of mortgage-servicing rights (MSR) to Nationstar Mortgage Group,...