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Mat Ishbia is “disappointed” with Rocket Companies Inc. For those who have followed the feud between the two Detroit-based lenders, this is not a shock. Ishbia, president & CEO of United Wholesale Mortgage, took to LinkedIn to scold UWM’s crosstown rival for announcing plans to cut 8% of its workforce, or about 2,000 jobs.
The latest salvo in the long-time rivalry between Metro Detroit's two largest mortgage lenders has spilled over into social media. Mat Ishbia, the president and CEO of United Wholesale Mortgage in Pontiac took to LinkedIn on Wednesday to express "disappointment" with Rocket Companies Inc. —…
A common theme is emerging when business leaders gather to talk about economic development in Michigan, and it's not the knowledge economy or the talent gap or shovel-readiness or any other buzzwords of the moment.All those things matter, of course.But something else keeps bubbling up: the…
Rocket is one of a number of mortgage lenders across the nation taking workforce reduction actions as demand for refinances and other mortgages falls.
United Wholesale CEO Mat Ishbia criticized his Detroit mortgage rival for recent job cut announcements in a post that has generated hundreds of responses.