United Wholesale Mortgage is making CEO Mat Ishbia available for a deposition in a lawsuit regarding its All-In mandate, relenting after a judge’s scolding. Processing Content U.S. District Judge Terrence G. Berg found the lender in contempt Monday for repeatedly refusing to make the CEO available to testify, since the court asked UWM to do […]
UWM agrees to Ishbia deposition after judge’s scolding Read More »
Existing-home sales in the US accelerated to their fastest pace of the year in May, providing a dose of optimism after a tepid start of the spring selling season. Processing Content Contract closings rose 3.2% to an annualized rate of 4.17 million last month, according to data released Tuesday by the National Association of Realtors.
Existing-home sales jump to highest this year, top forecasts Read More »
Almost half of servicers have mixed views on whether affordability is their main challenge, according to a new Fitch Ratings report. Processing Content Nearly half of mortgage servicers at a recent roundtable the rating agency held identified it as such, in line with ongoing debate over how much of stress there is on loan performance
Servicers split on whether affordability is the top concern: Fitch Read More »