UWM is projecting revenue of between $800 million and $900 million for the first quarter of 2025, rather than the forecast of between $650 million and $850 million in revenue offered less than two weeks earlier.
A poor jobs report and uncertainty following the launch of the Iran war have made it less likely the Federal Open Market Committee will vote for a rate cut in the near term.
Buy now, pay later spending has increased from about $2 billion in 2019 to $75 billion in 2023, according to a new report by the JPMorgan Chase Institute.
The retail channel accounted for 51.3% of first-lien mortgage originations in 2025, up from 50.6% in 2024, according to a new analysis by Inside Mortgage Finance.
Dallin Merrill, head of policy at the Structured Finance Association, said some larger investors can increase their investments in 144A transactions, but smaller investors still struggle.