UWM Releases 2011 Company Evaluation

Ending last year on a high note, ""United Wholesale Mortgage"":www.uwm.com/ has released its 2011 scorecard. The company showed demonstrable growth during the year, and UWM is preparing to continue its expansion in 2012.

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The wholesale lender spent 2011 adding to its executive team, increasing its workforce, implementing new technology efforts, and launching multiple new products. For 2012, UWM is forecasting loan volume above $3.5 million.

Among the new offerings UWM debuted in 2011 - a $2.5 million jumbo loan product, the Pay Advantage conventional loan product accommodating up to 97 percent loan-to-value ratios with no monthly interest, the Patriot Plus VA IRRL, and

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the implementation of instant interest rate certification for conventional loan products. Additionally, UWM became one of the first lenders in the U.S. to comply with HARP 2.0, as well as being one of only a handful of lenders to extend conventional split interest products up to 97 percent loan-to-value ratio.

Bolstering its personnel, UWM hired hundreds of staffers in 2011 and rolled out an outside sales force to support its inside division. The industry took notice and UWM was named a ""Top 25 Tech-Savvy Lender"" in 2011 by _Mortgage_ _Technology_ magazine, thanks to internal advances such as the implementation of broker-focused proprietary product engine, Easy Qualifier.

Commenting on UWM's strong year, the company's president, Mat Ishbia, said, ""2011 was a phenomenal year for UWM in terms of our growth and the impressive talent we acquired. Everything that we do revolves around providing top-notch service to our brokers and correspondents.├âÔÇÜ├é┬á Brokers can utilize our industry-leading technology, which helps them gain more market share in their territory, and in turn significantly increases our volume.""

Continuing his positive statements, Ishbia added, ""We have earned a reputation for offering the highest quality of customer service, exceptional products and the ease to close loans quickly.├âÔÇÜ├é┬á As we move into 2012, we are looking to take our business to the next level by offering a full spectrum of mortgage products and warehouse lines to our broker network.""