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United Wholesale Mortgage has tightened its underwriting standards to cope with the surging unemployment, adding an additional VOE on the day of closing.
Permits fell to 415,000 units on a seasonally adjusted annual basis in February, marking the second-lowest annual rate in 17 months.
With the spread of the coronavirus and the cancellation of the MBA Tech, many start-ups and companies set to present new products were left hanging. Whether they delayed a launch or launched anyway, here are some companies with new or updated products.
HousingWire sat down with Quicken Loans Mortgage Services Executive Vice President Austin Niemiec to discuss the challenges brokers are facing due to COVID-19 and how QLMS is supporting clients.
Congress has called on the industry to provide forbearance for consumers who are experiencing difficult financial circumstances. “But to do this right, we must provide a clear and unified message,” Quicken Loans Vice Chairman Bill Emerson writes.