Mat Ishbia outlines UWM purchase strategy
One of UWM's long-term plays is holding onto mortgage servicing rights. Ishbia said UWM finished 2020 with about $185-190 billion in MSRs , and said he...
Employment gains small but mighty in February
For the fourth month in a row the U.S. unemployment situation was left virtually unchanged, dropping to 6.2% in February, the U.S. Labor Department said...
CoStar drops bid for CoreLogic citing market volatility
CoStar announced it is withdrawing its bid for CoreLogic after the data giant rejected CoStar's amended offer from its original $6.9B to about $6.6B.Read more
Mike Cagney eyes Walmart’s potential move into mortgage
Figure Technologies' Mike Cagney said when it comes to watching out for non-endemic players impacting the real estate market, he has his eye on Walmart....
Rocket Mortgage: UWM is trying to “manipulate” market
“We would never in our wildest dreams, tell a broker to choose us, or someone else," Rocket Mortgage's Austin Niemiec said in an interview
The ...
CFPB delays QM compliance date to October 2022
The Consumer Financial Protection Bureau released a notice of proposed rulemaking on Tuesday to delay the mandatory compliance date of the Qualified Mor...
FHFA extends multifamily forbearance through June 30
Multifamily property owners backed by Fannie Mae and Freddie Mac now have through the end of June for forbearance options, the FHFA announced on Friday....
Plaid unveils Income to aid customer finance
Plaid's Income simplifies income verification so customers and mortgage lenders can secure loans, qualify for mortgages, and rent apartments.
The...
