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Home » UWM

Articles Tagged with ''UWM''

Deliveries to the GSEs Were Up in March; Down for the Quarter

April 14, 2023
Dennis Hollier
Nineteen of the top-100 GSE sellers saw quarterly volumes fall more than 80% year over year. United Wholesale Mortgage, however, managed to boost its deliveries. (Includes two data charts.)
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Short Takes: UWM Embarks on Hiring Spree / First Federal Bank Signs Deal With BNC / MISMO to Form eHELOC Group

April 14, 2023
Monica Hogan
UWM wants to hire 500 people in three months; First Federal Bank signs deal with BNC; and MISMO seeks members for new eHELOC working group.
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UWM Brings Back 1% Down Loans

April 12, 2023
Dennis Hollier
The revived program means United Wholesale Mortgage will eat 2% of the home price (up to $4,000) in the form of downpayment assistance.
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Larger GSE Sellers Lose Market Share as February Deliveries Plunge

March 3, 2023
Dennis Hollier
Relative standing among the top GSE sellers depended on how slow deliveries fell rather than how fast they rose. (Includes two data charts.)
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Falling Originations Shift Nonbank Focus to MSRs

February 17, 2023
Dennis Hollier
The nonbank share of GSE servicing held steady in 2022 even as sales slipped a bit. (Includes data chart.)
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GSE Deliveries Reach New Lows in January

February 3, 2023
Dennis Hollier
In January, lenders delivered 73.1% fewer mortgages to the GSEs than a year ago, but the month-over-month drop was just 4.5% from December. (Includes two data charts.)
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Depositories Gain Some Share in GSE Servicing

January 20, 2023
Dennis Hollier
The nonbank share of GSE servicing peaked early in 2022. Later in the year, large banks regained some share. (Includes two data charts.)
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UWM Expands Rate-Buydown Options

January 10, 2023
Namrata Bhatia
The Michigan mortgage giant is one of several major lenders gambling that the opportunity to lower rates will attract more homebuyers.
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Short Takes: SCOTUS Nixes Takings Appeal / Home Purchase Sentiment Ticks Up Slightly / Judge Tosses AML Countersuit In UWM Case

January 10, 2023
Dennis Hollier
SCOTUS declines appeal of net worth sweep case, effectively ending GSE shareholders' takings argument.
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GSE Purchases Continue to Plummet in Fourth Quarter

January 6, 2023
Dennis Hollier
Only two major mortgage lenders — PennyMac and CitiMortgage — managed to deliver more loans to Fannie Mae and Freddie Mac in the fourth quarter than in the third. (Includes two data charts.)
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