UWM drops LLPAs on government loans with FICOs of 600+

Top U.S. wholesale lender United Wholesale Mortgage (UWM) has taken another aggressive move related to its product set, underscoring its strong commitment to government-backed loans. On Wednesday, the company announced the removal of all loan-level pricing adjustments (LLPAs) on government loans, al

Elon Musk calls for the CFPB to be ‘deleted’

Elon Musk, who has become a confidant of president-elect Donald Trump, has called for the Consumer Financial Protection Bureau to be dismantled. (Image generated by AI in Midjourney)Elon Musk, the world’s richest man and owner of companies including Tesla, SpaceX and the social media platform X, has

Empathy in the face of foreclosure

When I began working on this piece, I was told that the mortgage community as a whole—and loss mitigation professionals in particular—would be resistant to the message. But I don’t think that’s true. Because not only are we an industry that values the bottom line, we serve the spirit behind the Amer