Did UWM Squeeze Fairway Out Of The Wholesale Business?
|

Did UWM Squeeze Fairway Out Of The Wholesale Business?

By JARED WHITLEY Did Mat Ishbia win another battle in the “Broker War?” That appears to be the underlying message from Fairway Independent Mortgage Corporation, where leaders announced last month they would be shutting down their wholesale platform. Although CEO and Founder Steve Jacobson described the move as a “business shift, nothing more, nothing less,”…

UWM Successes Subject Of Supplemental Complaint In Ultimatum Suit
|

UWM Successes Subject Of Supplemental Complaint In Ultimatum Suit

By KIMBERLEY HAAS A Florida mortgage broker challenging United Wholesale Mortgage’s ultimatum agreement wants to include recent disclosures and statements related to the company’s successes to help prove his antitrust claims. Daniel Okavage of The Okavage Group in St. Augustine is pursuing a federal class-action suit on behalf of all mortgage brokers that work, or…

Veteran Mortgage Execs Join Fairway

Veteran Mortgage Execs Join Fairway

Three veteran mortgage execs are joining Fairway Independent Mortgage as part of an “aggressive expansion” of the company’s production group, Fairway announced in a press release. Scott Bristol joins as SVP, Sales and Recruiting; Brian Chick as SVP, Area Manager; and John Lowe as SVP, Division Manager. “We’re pleased to welcome Scott, Brian, and John…

Morning Roundup (2/7/2022)– CA Broker Calls Out UWM, loanDepot’s Long-Term Strategy

Morning Roundup (2/7/2022)– CA Broker Calls Out UWM, loanDepot’s Long-Term Strategy

Good Morning! Today is Monday, February 7. The White House said a Ukraine invasion could come “any day now.” The Dutch speedskater Ireen Wüst became the first person to win individual golds at five Olympics. New Jersey’s Democratic governor will lift the state’s school mask mandate. The Mortgage Note Reports CA Broker Calls Out UWM:…

End of content

End of content