Hunterbrook Archives

UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

April 9, 2024 mpsingh No Comments Real estate accuses, brokers, Compliance, Connections, Hunterbrook, legal, Mat Ishbia, Offers, report, Rocket, Rocket Mortgage, support, United Wholesale Mortgage, UWM

In a message to mortgage brokers, United Wholesale Mortgage (UWM) defended itself from the Hunterbrook Media report that claims the lender orchestrated a scheme to steer loans. The wholesale lender said it’s offering legal support to partners in case they are sued and once again accused Rocket Mortgage of being behind the report, which the rival denies. On April 2, Hunterbrook [...]read moreUWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

Premise of the Hunterbrook Media thesis on UWM is ‘misplaced:’ BTIG analysts

United Wholesale Mortgage’s (UWM) revenue margins “don’t stand out like” one would expect if the company was overcharging borrowers, analysts at BTIG said on Monday. The comments follow a Hunterbrook Media report from last week stating that UWM pressures brokers to send loans its way, resulting in higher costs to customers. “We think the premise of the thesis [...]read more