The company posted $33.5 billion in closed loan volume in the third quarter, 31% ahead of Rocket Mortgage and good enough to make UWM the No. 1 originator by volume for the period.
UWM also announced $325.6 million in net income in the quarter.
This article discusses the implications of interest rate fluctuations on mortgage originators and suggests strategies for adapting, including diversifying loan pipelines and leveraging technology.
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United Wholesale Mortgage has pulled into the lead in the mortgage game. So reports The Detroit News.
The company posted $33.5 billion in closed loan volume in the third quarter, 31% ahead of Rocket Mortgage and good enough to make UWM the No. 1 originator by volume for the period.
UWM also announced $325.6 million in net income in the quarter.