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How to Boost Your Credit Score to Improve Your Chances of Getting a VA Home Loan

United Whole Mortgage: Ultimatum against Rocket Companies a success

View Comments United Wholesale Mortgage CEO Mat Ishbia said Tuesday that his controversial ultimatum that forced mortgage brokers to pick between his firm or Dan Gilbert s Rocket Companies has been a big success for UWM. I couldn’t have imagined it going so well, Ishbia, 41, said during an earnings call with Wall Street analysts.  Obviously, my competitors, they don’t like the decision, but our business is not designed to make them like us. Ishbia s ultimatum required brokers by March 15 to stop working with Detroit-based Rocket and a Wisconsin-based competitor, Fairway Independent Mortgage Corp., if they wished to continue working with UWM. Rocket Companies is the parent of Quicken Loans.

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