Residential mortgage lender TPO GO is exiting the wholesale business nationally under a strategic alliance with Stockton Mortgage that will transfer most of the company’s wholesale sales and operations staff to Stockton. The news was first reported on last week by Rob Chrisman and later confirmed to HousingWire by a spokesperson for Stockton Mortgage. The […]
TPO GO exits wholesale channel, aligns with Stockton Mortgage Read More »
As of last Friday, average top-tier mortgage rates hit their lowest levels since July 20th. If they’d managed to drop even 0.01% today, it would have been a new 3-week low. As it stands, rates moved modestly higher in response to higher oil prices. Throughout the Iran war, oil and rates have had a broadly
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UWM Holdings has gone ahead and sued Two Harbors Investment over their failed merger transaction as alluded to by Mat Ishbia, chairman, CEO and president, on last week’s earnings call. Processing Content The filing, which HousingWire reported on earlier, was made in the U.S. District Court of Maryland and alleges willful breach of contract and
UWM sues Two Harbors claiming willful breach of contract Read More »