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Home » UWM

Articles Tagged with ''UWM''

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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Freddie Tightens Cash-Out Refi Policy

January 6, 2023
Dennis Hollier
Higher upfront fees and new seasoning rules on cash-out refinances make it harder for homeowners to use the equity in their homes.
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Government Channel’s Retail Volume Slips Further in 3Q22

December 22, 2022
Monica Hogan
Retail lending took another precipitous drop in the third quarter. But the fall is more of a return to the norm after heady days fueled by refinances. (Includes data chart.)
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Use of Temporary Rate Buydowns Expands

December 15, 2022
Dennis Hollier
Sellers and homebuilders are increasingly reaching for an old mortgage tool to make their homes more attractive to potential buyers.
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Decline in GSE Sales Accelerates in October

November 4, 2022
Dennis Hollier
Sales of refinance loans plummeted to the lowest level in at least eight years. But purchase-mortgage sales had a bad month too. (Includes two data charts.)
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