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Top News In Phil Shoemaker Today - Breaking & Trending Today

The strategy behind UWM's multibillion dollar investment

United Wholesale Mortgage is burning cash wreaking havoc on competitors. But will it maintain market share when prices go back up? ....

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Will new products stop the bleeding for mortgage lenders?

With purchase and refi volumes down, nonbank mortgage lenders are turning to personal loans, home equity products and non-QM mortgages. Can it move the needle? ....

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Homepoint Offering Discount For Underserved Communities

In the growing spirit of making housing more affordable to underserved communities, Homepoint, the country’s third-largest wholesale mortgage lender, said it will reduce the price of its conforming conventional loans by 75 basis points for potential homebuyers. Company officials said the offer also is intended to raise consumer awareness about the benefits of working with independent mortgage brokers. ....

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Homepoint president takes long-term view of wholesale lending

"I think the opposite of a long-term strategy is something that can be problematic for a company" ....

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Sales manager's best serve for brokers

Former sports hopeful on the advantages of serving wholesale lender ....

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