Stewart Title expands Mid-Atlantic footprint

Stewart Title has acquired Lawyers Signature Settlements (LSS), a Frederick, Maryland-based title agency, expanding its presence in the Mid-Atlantic region. Founded nearly 15 years ago, LSS provides residential and commercial title services across Maryland, Virginia, West Virginia and Pennsylvania. “LSS has become one of the most trusted agents in the Frederick market and has earned […]

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After setbacks, UWM lands a massive check from Oaktree

United Wholesale Mortgage (UWM) president and CEO Mat Ishbia is pitching the lender’s $2.05 billion capital raise with Oaktree Capital Management and his family as a long-term strategic partnership to support the company’s growth. But the high cost of the structure and dilution are weighing on investors, alongside the fact that it follows several setbacks

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Mortgage Rates Slightly Higher Ahead of Jobs Report

Mortgage rates rose modestly on Thursday, with multiple lenders making mid-day adjustments in response to bond market volatility. Bonds remain highly attuned to war-related developments and the impact on oil prices which, in turn, have a bearing on inflation implications.  Higher inflation begets higher interest rates, all else equal. In addition to the oil/inflation narrative,

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