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SMACK DOWN!: United Wholesale Mortgage set off a brawl in the press when it forbade brokers from doing business with Rocket and Fairway. As a small group of brokers pursue legal action over the ultimatum, experts weigh in on whether the drama is benefitting the wholesale channel

Authors :
Finkelstein, Brad
Source :
National Mortgage News; May2021, Vol. 45 Issue 7, pN.PAG-N.PAG, 1p
Publication Year :
2021

Abstract

: United Wholesale Mortgage set off a brawl in the press when it forbade brokers from doing business with Rocket and Fairway. "Any good LO who's going to do their research is going to realize that this is three out of 100 companies that are sort of having their little spat, and that there's still opportunities for choice", Morrison said. A line in the sand What is happening between UWM, Rocket and Fairway is not unique to the mortgage business, said Grant Moon, the CEO of mortgage fintech firm Home Captain. [Extracted from the article]

Details

Language :
English
ISSN :
10503331
Volume :
45
Issue :
7
Database :
Complementary Index
Journal :
National Mortgage News
Publication Type :
Periodical
Accession number :
150164278