Brokers Share What United Wholesale Mortgage’s Fight with Rocket Means for Them

Mortgage Professional America, Mar. 9, 2021–David Kitai
One broker noted that many other lenders place conditions on their brokers, citing an example from early in his career when his net worth was deemed too low to qualify for one lender. UWM’s ultimatum, in his view, is just another requirement one lender puts on its brokers, which is hardly new in the industry.