UWM Holdings Corp., the parent company of leading U.S. mortgage lender United Wholesale Mortgage (UWM), has raised $800 million through an unsecured debt offering, a 60% increase from its initial plan. The offering, targeted at qualified investors, priced at 6.625% with senior notes due in 2030. These notes are guaranteed
The U.S. job market performed better than expected in November, gaining 227,000 nonfarm payroll jobs from a month prior according to data released Friday by the U.S. Bureau of Labor Statistics (BLS), sending mixed messages ahead of the Federal Reserve’s meeting in less than two weeks. “Today’s report shows a strong labor market,
Near the end of the first Trump Administration, the Federal Housing Finance Agency (FHFA) finalized a capital rule for Fannie Mae and Freddie Mac. A December 2020 HousingWire article reported that this was part of an overall effort by FHFA to fulfill the statutory mandate of responsibly ending the Enterprises’ conservatorships
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Are you looking to add a dose of inspiration, humor and expertise to your Instagram feed? From luxury property tours to laugh-out-loud real estate memes, these 21
Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. For decades, referrals have been the backbone of a real estate agent’s business. But in an era where nearly everything begins with a Google search, the way
Home Equity Conversion Mortgage (HECM) endorsements continued to decline in the 2024 fiscal year from a recent peak observed in 2022, while the HECM line of credit continued its dominance as a payment option. Single women were the single largest cohort served by the HECM program. This is according to
In this week’s episode of the Power House podcast, Mr. Cooper CEO Jay Bray joins HousingWire president Diego Sanchez for a conversation centered on balanced servicing and origination activities in the mortgage space. The duo explore Mr. Cooper’s growth initiatives, artificial intelligence (AI) usage for revenue growth and the future
President-elect Donald Trump and Republican Party critics of the Federal Reserve may not be aligned on what they see as key priorities for reforming the central bank. Trump has previously said that he wants more influence over its practices, but lawmakers may want the opposite, according to a report from
An analysis of data from the U.S. Department of Housing and Urban Development (HUD) and U.S. Census Bureau over a five-year period shows that prices for manufactured homes have risen by nearly 60% as the nation continues to contend with a housing affordability crisis that stems in part from a
UWM Holdings Corp., the parent company of leading U.S. mortgage lender United Wholesale Mortgage (UMW), announced Thursday its plan to raise $500 million in debt through a private offering of senior notes that mature in 2030. The company intends to use the proceeds to pay down outstanding amounts on its
With high home prices and rising interest rates hitting the 2024 housing market, many homeowners chose to “lock in“ to their homes. But those who decided to move went to states you might not have guessed — and for reasons you might not expect. Leading national moving company Atlas Van
As consumer debt reaches all-time highs and the cost of living continues to escalate, home equity investment fintech Splitero on Thursday announced a purchase commitment from funds managed by asset manager Blue Owl Capital. Per a release from the companies, Blue Owl’s alternative credit strategy funds will purchase up to
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
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Zillow News Truth Delta: Opinion & Editorial