During this Spring Summit session, UWM CEO Mat Ishbia sits down for a one-on-one interview with HousingWire CEO Clayton Collins to discuss UWM’s strategy for this purchase market. However, as Ishbia had just announced that UWM would no longer partner with mortgage brokers who also work with Rocket Mortgage or Fairway, this discussion became a broader conversation about the lenders’ overall strategy to grow broker share. Talking about the broker announcement, Ishbia distinguishes between other wholesale lenders that brokers might be working with and Rocket and Fairway, saying those two companies are actively undermining brokers.
Watch the full session below. To go back to the full HousingWire Spring Summit 2021 on-demand summit, go here.
- Mat Ishbia, CEO, UWM
- Clayton Collins, Founder & CEO, HW Media