As a wave of mergers and acquisitions (M&A) continues to impact the broader mortgage space, today’s deal activity in the reverse mortgage sector is less about splashy headlines and more about structural pressure building across the industry, according to Michael K. McCully, a partner at New View Advisors. As McCully puts it, “there are two […]
New View Advisors’ Michael McCully on reverse mortgage M&A Read More »
Mortgage lenders and brokers are navigating an affordability-constrained market in which a borrower’s qualifying score can determine not only eligibility but also pricing, cash-to-close and purchasing power. UWM moved quickly to introduce VantageScore 4.0 through a new pilot, giving independent mortgage brokers an additional option for evaluating eligible borrowers. Desmond P. Smith, UWM’s chief growth
VantageScore 4.0 Expands Wholesale Lending Eligibility Read More »
After a punishing stock slide and a series of setbacks put his mortgage company under new scrutiny, billionaire Mat Ishbia addressed his critics directly. Processing Content “UWM has never been stronger than we are today. Never,” he said in a four-minute video posted to LinkedIn. “From an AI, technology, operations, sales, broker channel — never
UWM’s stock slide puts Phoenix Suns owner’s wealth in focus Read More »