Tag Archives: United Wholesale Mortgage

Michigan-based United Wholesale Mortgage (UWM), one of the nation's fastest growing wholesale lenders, announced on Tuesday the rollout of its newest product: Investor Edge, an offering designed specifically for borrowers seeking to purchase or refinance non-owner occupied investment properties.

In Troy, Michigan, United Wholesale Mortgage (UWM) announced the opening of its new Marketing Center, a free benefit for its partners that allows brokers and correspondents to create customized, professionally developed marketing flyers.

In Michigan, United Wholesale Mortgage (UWM) announced the promotion of Laura Lawson to the newly created position of chief people officer (CPO).

United Wholesale Mortgage (UWM), one of the nation’s largest wholesale lenders, announced the launch of its new ‘Big & Easy Plus’ program designed for jumbo loans that don’t fit the Qualified Mortgage (QM) criteria.

In a letter issued to brokers Monday, Fifth Third Mortgage president Bob Lewis revealed the bank is exiting the wholesale business to focus third-party origination on correspondent lending. “While this was an extremely difficult decision to make, we intend to build on our leadership position in the correspondent market and remain committed to purchasing loans from smaller financial institutions and independent mortgage companies,” Lewis said in the letter.