Foul Called After UWM Announces Partnership With NBA, WNBA

By KIMBERLEY HAAS Hunterbrook Media and its publisher are sounding the alarm after a promotional partnership between United Wholesale Mortgage and the National Basketball Association was announced. On Thursday, leaders at UWM and NBA Communications issued a press release that said a multiyear U.S. partnership was established between the company’s consumer-facing brand, Mortgage Matchup, the NBA, and the WNBA. This marks the first-ever mortgage partnership for both leagues. As part of the deal, Mortgage Matchup “will collaborate with the leagues on marketing and promotional activities to expand the reach of its platform, raising awareness around the benefits of partnering with a mortgage broker and making it easier for fans to access the resources they need when purchasing or refinancing a…

UWM Makes Major Announcements Including A 0% Down Payment Program

United Wholesale Mortgage rolled out a new 0% down payment program, alongside several other major announcements during its annual broker event this week. The down payment program is geared towards borrowers struggling to save for a down payment. This is one of the biggest challenges facing new buyers struggling under rampant inflation and soaring household debt. “UWM’s 0% Down Purchase program is going to change the game this purchase season,” CEO Mat Ishbia said in a statement. “No other wholesale lender in the country is offering this, meaning independent mortgage brokers now have a significant advantage with consumers and real estate agents. Thousands of borrowers are sitting on the sidelines because they don’t have a down payment – this program…