By KIMBERLEY HAAS As 2024 comes to a close, we are taking a look at what had the most impact on our audience this year. Articles and podcasts about advancements in technology, the National Association of Realtors settlement, and a class action lawsuit against United Wholesale Mortgage top the list. Advancements In Technology Technology and…
By KIMBERLEY HAAS Lawyers for the plaintiffs in a class action racketeering lawsuit against United Wholesale Mortgage are opposing efforts to have the case dismissed. It is alleged that UWM consumers were duped into overpaying for their loans by brokers who sent most of their business to the lender. 8,665 loan officers at mortgage brokers…
By KIMBERLEY HAAS Lawyers for United Wholesale Mortgage have again moved to dismiss a class action lawsuit alleging that consumers were duped into overpaying for their loans by brokers who sent most of their business to the lender. They say the lawsuit reflects an unprecedented effort to smear UWM, its affiliates, and CEO Mat Ishbia…
By KIMBERLEY HAAS New court paperwork punches holes in claims made by United Wholesale Mortgage that a class action lawsuit brought against them was filed in bad faith. Lawyers for UWM say the lender became the victim of a coordinated campaign earlier this year when Hunterbrook Capital, its media arm Hunterbrook Media, and counsel for…
By JARED WHITLEY Is this Mat Ishbia’s “Vlade Divac” moment? Ishbia’s connections to basketball are well known, from his time on the 2000 Michigan State national championship team to his current “chaotic” ownership of the Phoenix Suns. And Divac, the Los Angeles Lakers star center, was also well known for “flopping” – pretending to have been fouled…
By KIMBERLEY HAAS Lawyers for United Wholesale Mortgage are questioning the integrity of a class action lawsuit that claims consumers were duped into overpaying for their loans by brokers who sent most of their business to the lender. In court paperwork filed on Sept. 17, lawyers for UWM say the lender became the victim of…
By KIMBERLEY HAAS Hunterbrook Media is taking a second swing at United Wholesale Mortgage, claiming that an executive there helped a shell company establish Philadelphia-based UMortgage. On April 2, Hunterbrook made waves when they published a report accusing UWM in Pontiac, Michigan, of widespread fraud. They estimated that homebuyers paid “between hundreds of millions and billions…
By KIMBERLEY HAAS Leaders at United Wholesale Mortgage are doubling down on accusations that an explosive report released last week by Hunterbrook Media is inaccurate and tied to their main competitor, Rocket Mortgage. Authors of the report, published on April 2, claimed that $39 billion in mortgages were referred to UWM by independent brokers who…
United Wholesale Mortgage and its CEO Mat Ishbia are under fire with accusations that the company’s independent brokers aren’t independent after all. A report from Hunterbrook Media makes the claim that at least $39 billion in mortgages were referred to UWM by brokers who refer more than 99% of their business to UWM, throwing these…
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