UWM sues another broker shop over ‘the ultimatum’

Three years into its controversial ultimatum, United Wholesale Mortgage (UWM) continues to engage in legal battles with its broker partners selling loans to rivals Rocket Mortgage and Fairway Independent Mortgage Corp. UWM on Thursday when filed a lawsuit in a U.S. district court in Michigan against
Read MoreFannie Mae economists offer housing market outlook, potential timeline for interest rate cuts

After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease.While Fannie Mae expects mortgage rates to drop to below 6% by the end of this year, the government-sponsored enterprise also forecasts that i
Read MoreHow to leverage real estate testimonials to attract new clients (+ examples & scripts)

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. In this article, we’ll show how to procure top-notch clien
Read MoreNRMLA returns to West Coast for 2024 annual reverse mortgage meeting

The National Reverse Mortgage Lenders Association (NRMLA) announced that it will return to the Western U.S. for its 2024 annual meeting, which will take place slightly earlier in the year than usual, according to a member alert.The 2024 NRMLA Annual Meeting and Expo will be held Sept. 24-26 at the H
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