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Manufactured, HELOC, Automation, Home Insurance Products; Wholesaler Earnings and News; Inflation and Rates - Vimarsana News

Manufactured, HELOC, Automation, Home Insurance Products; Wholesaler Earnings and News; Inflation and Rates

A general discussion topic of those here at the MMLA conference in Michigan is the ups and downs we’re all facing. While mortgage applications drift down, and industry headcounts go down, and towns on Maui like Lahaina burn down, here’s something that isn’t going down: credit card debt. Talk to any underwriter or loan officer and they will tell you that loans have become more difficult, in part because of borrower debt loads, and sure enough credit card balances hit $1.03 trillion in the second quarter. And it ain’t going down. The number is up 4.6 percent from $986...

Despite Losses, United Mortgage Keeps Positive Outlook - Vimarsana News

Despite Losses, United Mortgage Keeps Positive Outlook

While the company saw a $138.6 million net loss in Q1 2023, executives still have a positive outlook on the rest of 2023 thanks to strong results in loan originations.

UWM Holdings Corporation Announces First Quarter 2023 Results - Vimarsana News

UWM Holdings Corporation Announces First Quarter 2023 Results

First Quarter Loan Origination Volume of $22.3 billion, including Purchase Volume of $19.2 billion Best First Quarter Purchase Volume in Company History Gain Margin up 80% from Prior Quarter ... | May 10, 2023

UWM adjusts Safe Check program in response to "aggressive" credit bureau tactics - Vimarsana News

UWM adjusts Safe Check program in response to "aggressive" credit bureau tactics

Trigger leads, rising cost of credit reports are pain points for brokers and customers

Source: mpamag.com
Marketing, Profitability, Qualification, DTC, RON Products; Wholesaler News - Vimarsana News

Marketing, Profitability, Qualification, DTC, RON Products; Wholesaler News

I have news for you, and I hope that I’m not bursting anyone’s bubble here. If a meat packer could sell the delicious looking meat that you see in the background in ads for hamburger at $15/pound, do you really think they’d put it into $4/pound ground beef, or $2/pound hot dogs? Yes, numbers can tell a story, like it or not. How about this nifty map, great for loan officers and real estate agents and discovered in my email files, showing the population shift in the United States during the last ten years? Continuing with the numbers theme, today only 10 percent of U.S. mor...