United Wholesale Mortgage is victorious in yet another challenge to its “All-In” initiative after a federal appeals court ruled against a Florida brokerage. The Okavage Group filed an antitrust suit against UWM in 2021 over the megalender’s ultimatum for brokers working with competitors Rocket Cos. and Fairway Independent Mortgage Corp. The brokerage, led by Dan […]
UWM survives All-In challenge in federal appeals court Read More »
Homebuyers in the current Spring season are having to come up with larger monthly principal and interest payments, although a measure of relief might be on the way. The Mortgage Bankers Association Purchase Application Payment Index rose to $2,186 in April from $2,173 in March, although it is down from $2,256 one year ago. “Homebuyer
Monthly mortgage payments on the rise, but not for long Read More »
A coalition of elected officials across the country is calling on Congress to continue funding of affordable housing programs targeted for elimination by the Trump administration. Trump’s proposed fiscal year 2026 budget calls for the cancellation of the Community Development Block Grant and Home Investment Partnerships programs, both offered through the Department of Housing and
‘Reject Trump HUD cuts,’ city, state leaders tell Congress Read More »