Lawyers Argue Against Dismissal In Class Action Suit Calling Out UWM

Lawyers Argue Against Dismissal In Class Action Suit Calling Out UWM

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…

Holes Punched In UWM’s Claims About Class Action Lawsuit
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Holes Punched In UWM’s Claims About Class Action Lawsuit

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…

UWM Cries Foul Over Class Action Lawsuit, But Critics See It As Theatrics

UWM Cries Foul Over Class Action Lawsuit, But Critics See It As Theatrics

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…

UWM Boasts About Consumer Savings As Class Action Lawsuit Heats Up
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UWM Boasts About Consumer Savings As Class Action Lawsuit Heats Up

By KIMBERLEY HAAS Leaders at United Wholesale Mortgage say consumers save thousands of dollars working with an independent mortgage broker while lawyers in a class action lawsuit continue to present evidence that the company duped borrowers into believing they got the best deal on their home loans. UWM issued a press release on Aug. 28…

RICO Expert Talks About UWM Class Action Lawsuit
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RICO Expert Talks About UWM Class Action Lawsuit

A lawyer who specializes in racketeering cases says independent mortgage brokers working with United Wholesale Mortgage may have misled clients, but that doesn’t mean the company and its CEO Mat Ishbia will be found liable for violating the RICO Act. In a class action lawsuit filed on April 2 by Boies Schiller Flexner LLP, it…

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