The next wave of servicing regulation is coming – Are you ready?

Join this webinar to learn what servicers need to know about recent and upcoming servicing compliance regulations and strategies experts are implementing to prepare for servicing regulatory audits.

Inside Look: RealTrends 2021 Brokerage Compensation Study

Steve Murray, senior advisor to RealTrends, gives an exclusive first look at the 2021 RealTrends Brokerage Compensation Report.

Logan Mohtashami on trends in forbearance exits

In this episode of HousingWire Daily, Logan Mohtashami discusses several hot topics in the housing market, including recent trends in forbearance exits and future homebuyer demand in the midst of inventory shortages.

How lenders can prepare for increasing regulatory pressures

As compliance becomes an increased focal point for mortgage lenders and investors, staying ahead of state and federal regulations can be the difference between a flourishing business and one mired in fines.

Mortgage

UWM now offering VA loan program with mortgage rates as low as 2.25%

Looks to support veteran borrowers in "one of the strongest purchase seasons on record"

United Wholesale Mortgage announced a new VA loan program Wednesday that offers borrowers mortgage rates as low as 2.25% for both purchases and refinances.

Last month UWM rolled out a new loan program that offered borrowers an interest rate as low as 2.5% for both purchase mortgages and refinances. 

For context, as of June 18, we reported that the average rate for a 30-year fixed mortgage was 3.13%, down from 3.21% the prior week.

UWM is both the nation’s biggest purchase mortgage lender and the largest wholesale lender, meaning it doesn’t lend directly to borrowers. It works directly with independent mortgage brokers, who can in turn offer these low rates to their customers.

By offering conventional 30-year fixed rates to veterans in the 2.25 to 2.375% range, UWM said it intends to “support veteran borrowers in one of the strongest purchase seasons on record due to pent up demand created by COVID-19.”

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