United Wholesale Mortgage

Justin Ishbia strikes deal to buy Chicago White Sox

Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday. This would give the Ishbia family ownership of a second major professional sports franchise after Mat Ishbia acquired the Phoenix Suns and […]

Justin Ishbia strikes deal to buy Chicago White Sox Read More »

Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds

Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.”  One thing he is confident about: If ending the conservatorship results in

Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds Read More »

UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers

United Wholesale Mortgage (UWM) is rolling out new artificial intelligence (AI)-powered tools designed to help brokers analyze competitors’ loan estimates and assist borrowers online. The tools aim to improve retention as refinancing activity is expected to rise. The company announced the launches during its UWM Live! event on Thursday in Pontiac, Michigan, amid intensifying competition

UWM rolls out AI tools to analyze rivals’ offers, virtually assist borrowers Read More »