Better will pay millions of dollars to hundreds of current and former underwriters to settle a lawsuit over unpaid wages. Processing Content Attorneys for aggrieved employees filed a motion for preliminary approval of the settlement last week, a deal which will cover 211 opt-in plaintiffs. The lender will issue a total of $7.1 million, although […]
Better Mortgage agrees to settlement in underwriter wage case Read More »
UWM Holdings remains defiant following the vote by Two Harbors Investment shareholders to spurn its offer for the agreed to deal with CrossCountry Mortgage. Processing Content But the company might be better off for not having to go through with the deal, an analyst said. “This chapter of the months-long saga with Two Harbors is
UWM concedes but defiant in its views on Two Harbors’ board Read More »
Younger homebuyers are gaining ground in the market, despite persisting affordability constraints, a new industry report found. Processing Content Gen Z accounted for 20% of purchase rate locks in the second quarter this year, the largest share on record, according to Intercontinental Exchange’s July Mortgage Monitor report. The generation, whose oldest members turned 29 this
Gen Z increases homeownership amid affordability struggles Read More »